Declan started the year with $30,000 at-risk basis in a partnership. The partnership agreement provides him a 30% share of profits and 30% share of liabilities. During the fiscal year the partnership earned $80,000 of taxable income and distributed $10,000 cash to Declan. On the last day of the fiscal year, the partnership reported $20,000 of recourse liabilities. What is Declan's atrisk basis at the fiscal year end?

a. $50,000

b. $60,000.

c. $57,000.

d. $44,000.

e. $54,000