Problem 14-31 (LO. 2, 4, 5) Suzy contributed assets valued at $360,000 (basis of $200,000) in exchange for her 40% interest in Suz-Anna GP (a general partnership in which both partners are active owners). Anna contributed land and a building valued at $640,000 (basis of $380,000) in exchange for the remaining 60% interest. Anna's property was encumbered by qualified nonrecourse financing of $100,000, which was assumed by the partnership. The partnership reports the following income and expenses for the current tax year. Sales $560,000 Utilities, salaries, depreciation, other operating expenses 360,000 Short-term capital gain 10,000 Tax-exempt interest income 4,000 Charitable contributions 8,000 Distribution to Suzy Distribution to Anna 10,000 20,000 At the end of the year, Suz-Anna held recourse debt of $100,000 for partnership accounts payable and qualified nonrecourse financing of $200,000. a. Suzy's beginning basis in her partnership interest is s , and Anna's basis is b. Enter the amounts and line number for the following income deductions and taxes that will appear on Suzy's Schedule K-1. Item Line on Amount Sch. K-1