Joe Quick and Jane Reddy are equal partners in the Quick and Reddy partnership. On the first day of the current taxable year, Joe's adjusted basis in his partnership interest is \(\$ 10,000\) and Jane's adjusted basis is \(\$ 2,000\). During the year, Joe had withdrawals of \(\$ 25,000\) and Jane had withdrawals of \(\$ 20,000\). Given the following partnership activity for the year, determine each partner's adjusted basis in Quick and Reddy at the end of the taxable year.

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Ordinary income Section 1231 gains Interest income from municipal bonds Short-term capital losses Charitable contributions $60,000 1,000 500 2,000 3,000