Juan Diego began the year with a tax basis in his partnership interest of $$50,600.$ During the year, he was allocated $$20,240$ of partnership ordinary business income, $$70,840$ of $1231$ losses, and $$30,360$ of short$-$term capital losses and received a cash distribution of $$50,600.$

Note: Do not round intermediate calculations.

a$.$ What items related to these allocations does Juan Diego actually report on his tax return for the year? $[$Hint: See Regulations $1\mathrm{.}704-1($d$)(2)$ and Revenue Rule $66-94.]$