Question 3 Connie owns a one-third capital and profits interest in the calendar-year CDB Partnership. In 2018, Connie allocable share of partnership income and deductions Were: $70,000 of ordinary business income . $2,000 of interest income $4,000 of nondeductible expenses $20,000 cash distribution $15,000 decrease in Connie's share of partnership liabilities . Connie's basis in her partnership interest at the beginning of the year was $120,000. What is Connie's basis in her partnership interest at the end of 2018