Mira and Lemma are equal owners of a business entity. Each contributed $75,000 cash to the business. Then the entity acquired a $300,000 loan from a bank. This year operating profits totaled $90,000. Determine Lemma's basis in her interest at the end of the tax year assuming that the entity is a partnership, a C corporation, or a S corporation. a. If the entity is a partnership, Mira and Lemma each have a basis of $ at the end of the year. b. If the entity is a C corporation, Mira and Lemma each have a basis of $ at the end of the year. C. If the entity is an s corporation, Mira and Lemma each have a basis of at the end of the year