Partner Spence had the following items reported on a partnership Schedule K-1: Drdinary income $57,000 4,900 5,300 15,000 nterest income Dividend income uaranteed payment 2ction 179 expense 16,000 ash distribution 20,000 pence had a basis in his partnership interest of $23,000 at the the year. What is Spence's basis in his partnership interest e year