Juan Diego began the year with a tax basis in his partnership interest of $50,000. During the year, he was allocated $41,000 of partnership ordinary business income, $130,000 of $1231 losses, and $70,000 of short-term capital losses and received a cash distribution of $50,000. (Do not round intermediate calculations.) Troblem 20-75 Part b (Algo) 3. If any deductions or losses are limited, what are the carryover amounts, and what is their character? [Hint: See Reg. $1.7041/d).]