Dorinda,Luis and Elizabeth are partners in a limited partnership. Dorinda and Luis, the limited partners, each own 35 percent of the partnership and Elizabeth, the general partner, owns the other 30 percent. The partnership incurs $60,000 of nonrecourse debt and $110,000 of recourse debt. a. What is the effect on Elizabeths basis for these debts? b. What is the effect on Luiss basis for these debts?