What will be my tax basis in the partnership? show work.

Schedule K-1 Credits Ordinary business income (loss)$30,000 Net rental real estate income other net rental income guaranteed payments Interest Income Ordinary dividends Qualified dividens Royalties Net short-term capital gain (loss) Net long-term capital gain (loss) $10,000 Collectibles Unrecaptured section Net section 1231 gain Other income (Loss) Section 179 deduction Other deduction Self employment earning (loss) Domestic partner Foreign transactions What type of entity is this partner? Individual $500 $1,000 $900 1Beginning 2 Profit 3 Loss 4 Capital Ending $2,000 20% 20% 20% 20% 20% 20% Alternative minimum tax Tax exempt income Nondeductible expense Distribution $500 $100 $20,000 Other information 1Beginning capital 2 Capital contributed during the year 3 Current year increase 4Distribution 5 Ending capital $ 10,000 5,000 $23,900 $ 20,000 $ 18,900 7 THIS IS TAX BASIS