JAM Reality is a limited partnership. The partnership has three equal partners and it deals exclusively in rental real estate. J is the only general partner; A and M are limited partners. On January 1, 2021, all three capital accounts and outside basis were zero. The partnership has assets that are fully depreciated. No changes in the accounts occurred during the year. JAM incurred losses of $60,000 in 2021. As of December 31, 2021, the partnership has liabilities in the form of $30,000 of accounts payable and a $30,000 nonrecourse mortgage obtained from a commercial lender. None of the limited partners has an obligation to restore a deficit. All of the other requirements of the 1-704-1(b) regs are met. Profits and losses are shared equally. Assume the partnership used the accrual method of accounting. a. Allocate the loss to the partner's capital accounts for 2021. b. What is amount of each partners outside basis in their partnership interest before any loss deduction is taken. c. What amount of loss can each of the partners deduct on their 2021 tax return?