In 2020, Andrew contributed equipment with an adjusted basis of $34,000 and an FMV of $32,000 to Construction Limited Partnership (CLP) in return for a 3% limited partnership interest. Andrew's share of CLP income and losses for the year was as follows: Interest Dividends Capital gains Ordinary loss $ 1,200 1,000 1,600 (5,025) Required: CLP had no liabilities. What are Andrew's initial basis, allowed losses, and ending at-risk amount? Amount Initial at-risk basis Allowed loss Closing at-risk basis