The partner's beginning basis is 50. The partner's share of the partnership liabilities increased by 60. Question 16 (0.5 points) Listen If the partner's basis was originally 50, what would the partner's basis in the partnership be after taking into account the increase in the partner's share of partnership liabilities? O (10) 110 50 Question 17 (0.5 points) Listen After taking into account the partner's share of liabilities increasing by 60, what are the tax consequences, if any, to the partner? After taking into account the partner's share of liabilities increasing by 60, what are the tax consequences, if any, to the partner? No tax consequences. Ordinary income of 50, capital gain of 10. Capital gain of 50. Capital gain of 60. Capital gain of 10