please show workings and explanation

7. In the current year, the CAR Partnership received revenues of $450,000 and paid the following amounts: $180,000 in rent, utilities, and salaries; a $45,000 guaranteed payment to partner Ryan; $10,000 to partner Amy for consulting services, and a $40,000 distribution to 25% partner Cameron. In addition, the partnership realized a $12,000 net long-term capital gain. Cameron's basis in his partnership interest was $80,000 at the beginning of the year and included his $25,000 share of partnership liabilities. At the end of the year, his share of partnership liabilities was $10,000. a. How much income must Cameron report for the tax year? b. What is Cameron's basis in the partnership interest at the end of the year