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Katherine invested $ 8 0 , 0 0 0 this year to purchase a 3 0 % interest in the KLM Partnership. The partnership reported

Katherine invested $80,000 this year to purchase a 30% interest in the KLM Partnership. The partnership reported $200,000 of net income from operations, a $2,000 short-term capital loss, and a $10,000 charitable contribution. In addition, the partnership distributed $20,000 to Katherine and $10,000 each to partners Lauren and Missy.
Assuming the partnership has no beginning or ending liabilities, what is Katherine's basis in her partnership interest at the end of the year?
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