Problem 20-73 (LO 20-6) (Algo) [The following information applies to the questions displayed below.] Alfonso began the year with a tax basis in his partnership interest of $15,000. His share of partnership liabilities at the beginning and end of the year consists of $7,000 of recourse liabilities and $10,000 of nonrecourse liabilities. During the year, he was allocated $32,000 of partnership ordinary business loss. Alfonso does not materially participate in this partnership, and he has $3,000 of passive income from other sources. Problem 20-73 Part a (Algo) a. How much of Alfonso's loss is limited by his tax basis? Loss limited by his tax basis