In 2018, Andrew contributed equipment with an adjusted basis of $20,000 and an FMV of $18,000 to Construction Limited Partnership (CLP) in return for a 3% limited partnership interest. Andrew's shares of CLP income and losses for the year were as follows: $ 500 300 900 Interest Dividends Capital gains ordinary loss (4,325) CLP had no liabilities. What are Andrew's initial basis, allowed losses, and ending at-risk amount? Answer is complete but not entirely correct. |$ Initial at-risk basis Allowed loss Closing at-risk 20,000 s4,325 $15,675 basis