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Need help with this question Partner's tax basis in his partnership interest at the beginning of the year was $10,000. For the year, Partner's share

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Partner's tax basis in his partnership interest at the beginning of the year was $10,000. For the year, Partner's share of the partnership liabilities increased toy $1,000. Also for the year. Partner was allocated $2,000 in ordinary business income, $500 of inferest income, and $1.000 of taox-exempt income, Finally, Partner received cish distributions of $3,000 during the year, Determine Partner's tax basis in his partnerstip interest at the end of the year. Type your answern

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