Eomparatiye Entitl: Amber has a EBB-E ownership interest in an entity for which she initially contributed $20B,BBD. She is one of the original owners of the business. During the life of the business the following have occurred: 1. Cumulatiye losses of $49111,\" during the last three years {her share would be senate} 2. Prots of 1'2er in the current year {her share would be Home}: 3. Distributions to owners of $9B.BDB {her share would be $13,0DD] in the current year Determine the tax consequences if the entity is a partnership: a. How much loss can she deduct oyer the three years? b How much income will be taxable to her in the current year? c Wh at is the ending balance of her partnership interest [show computations}? Beginning Ending Balance Determine the tax consequences if the entity is a S Corporation: a. How much loss can she deduct oyer the three years? b How much income will be taxable to her in the current year? c What is the ending balance of her stockholder interest {show computations}? Beginning