Rocinante, LLC (a partnership) is owned by La Mancha and Aldonza, who are each 50% shareholders. At the beginning of the year, Aldonza's outside basis in her Rocinante interest was $60,000. Rocinante reported the following tax information for 2021. Description Amount Sales revenue $ 730,000 Cost of goods sold (400,000 ) Long-term capital gain 3,000 Dividend income 8,000 Tax exempt interest 5,000 Guaranteed payment to Aldonza (100,000 ) Employee wages (70,000 ) Description expenses (10,000 ) Miscellaneous expenses (12,000 ) Overall net income $ 154,000

a. What amount of ordinary business income is allocated to Aldonza?

b. What is the amount and character of separately stated items allocated to Aldonza?

c. Assume Rocinante, LLC had no liabilities at the beginning of 2021. At the end of 2021, Rocinante owed $60,000 on a bank note (loan), and $10,000 to La Mancha for a loan he individually made to the LLC. What is Aldonza's outside basis in her Rocinante interest at the end of the year?