Tax Question

Answer the green part in a "generally speaking" type manner. Specifics aren't necessary, but try to use a some. Thank you!

Assume that Clark, Eric and Emily form another entity, DNA Solutions Inc. that will operate as a partnership. Emily contributes $50,000 in cash for her 10% interest in the entity, Eric contributes $225,000 for his 45%interest and Clark contributes $200,000 for this 45% interest. They have 10%, 50% and 40% share in losses respectively. DNA Solutions also borrowed a $200,000 of recourse loan from a bank to finance their initial operations. What are Emily, Eric and Clark's basis in DNA Solutions Inc.? How would your answer change if Clark is entitled to seek reimbursement from Eric to the extent his losses exceed $5,000? How would your answer to the previous question change if Eric holds his interest through his (a) wholly owned corporation that has only nominal assets; or (b) through a wholly owned LLC that also has only nominal assets