On January 1, 2019, pete's tax basis in the ABC General partnership is $500,000 . Pete has a 40 % interest in DE 's capital , profits and losses. During 2019, the partnership paid off a $600,000 recourse loan, had an ordinary loss of $200,000, received $400,000 of municipal bond interest, paid an EPA fine of $300,000 and recognized a $20,000 long term capital loss. At the end of 2019, what is Pete's tax basis in ABC ? O A. $420,000 B. $452,000 C. $212,000 OD. $332,000 Click to select your