Problem 20-48 (LO 20-2) (Algo) [The following information applies to the questions displayed below.] Connie recently provided legal services to the Winterhaven LLC and received a 5 percent interest in the LLC as compensation. Winterhaven currently has $53,000 of accounts payable and no other liabilities. The current fair market value of Winterhaven's capital is $160,000. Note: Leave no answer blank. Enter zero if applicable. roblem 20-48 Part a (Algo) . If Connie receives a 5 percent capital interest only, how much income must she report, and what is her tax basis in the LLC interest? Problem 20-48 (LO 20-2) (Algo) [The following information applies to the questions displayed below.] Connie recently provided legal services to the Winterhaven LLC and received a 5 percent interest in the LLC as compensation. Winterhaven currently has $53,000 of accounts payable and no other liabilities. The current fair market value of Winterhaven's capital is $160,000. Note: Leave no answer blank. Enter zero if applicable. Problem 20-48 Part b (Algo) . If Connie receives a 5 percent profits interest only, how much income must she report, and what is her tax basis in the LLC interest? Problem 20-48 (LO 20-2) (Algo) [The following information applies to the questions displayed below.] Connie recently provided legal services to the Winterhaven LLC and received a 5 percent interest in the LLC as compensation. Winterhaven currently has $53,000 of accounts payable and no other liabilities. The current fair market value of Winterhaven's capital is $160,000. Note: Leave no answer blank. Enter zero if applicable. Problem 20-48 Part c (Algo) : If Connie receives a 5 percent capital and profits interest, how much income must she report, and what is her tax basis in the LLC iterest