Julia invest $10,000 in a partnership. Her share of the partnership activity for the year is as follows, give Julia's ending basis in the partnership: (5 points) Show work and label each item

Nonseparately stated income 15,000

Tax exempt income 500

Qualified dividend income 1,300

Long term capital gains 1,700

Short term capital loss 1,900

Charitable contributions 1,000

Investment interest Expense 400

Increase in partnership liabilities 3,000

Distributions to Hilda 2,000

Fines and penalties 1,200