The UNA General Partnership, a cash basis taxpayer, has been in existence since 2016. For its tax year ended December 31, 20XX, UNA had the following items of income and loss Sales income $ 100,000 9,000 6,000 9,000 70,000 4,000 Interest income Municipal interest income Section 1231 gain Cost of goods sold Advertising expense Supplies expense Depreciation expense Taxes Charitable contributions Life insurance premium on partners' lives (proceeds to partnership) 4,000 4,000 9,000 2,100 3,000 UNAs balance sheet as of January 1, 20XX, was as follows: Basis Fair Market Value Cash $50,000 $50,000 Accounts Receivable 0 30,000 Land 40.000 40.000 UNA's balance sheet as of January 1, 20XX, was as follows: Basis Fair Market Value Cash $50,000 $50,000 Accounts Receivable -0- 30,000 Land 40.000 40,000 $90,000 $120,000 Recourse debt $30,000 $30,000 Capital, hie 20,000 30,000 Capital, Partner 2 20,000 30,000 Capital Partner 3 20,000 30.000 $90,000 $120,000 Sophie is a one-third partner in UNA. She received a guaranteed payment of $12,000 for 20XX. Sophie received a $15,000 cash distribution from UNA on December 31, 20XX. Compute Sophie's basis as of December 31, 20XX and indicate the amount of gain or loss on the distribution, if any. Enter numbers to be added as positive and numbers to be subtracted as negative. Basis, capital account 123 Recourse debt distribution from UNA on December 31, 20XX. Compute Sophie's basis as of December 31, 20XX and indicate the amount of gain or loss on the distribution, if any. Enter numbers to be added as positive and numbers to be subtracted as negative. Basis, capital account 123 Recourse debt 123 Interest income 123 Municipal interest 123 Section 1231 gain 123 Distributions 123 Ordinary loss 123 Charitable contributions 123 Insurance premium 1.23 Guaranteed payment 123 Ending basis 123 Gain/loss 123