Khushboo's basis in her 30% interest in the Rishi Partnership is $46,000 at the start of the current year. During the current year, Rishi reports ordinary business income of $70,000. Rishi also makes a $16,000 guaranteed payment and $10,000 cash distribution, both to Khushboo. How much income will Khushboo recognize from these transactions and what will Khushboo's basis be at the end of the current year?