Question: Ryan is a 2 5 % partner in the ROCC Partnership. At the beginning of the tax year, his basis in the partnership interest was

Ryan is a 25% partner in the ROCC Partnership. At the beginning of the tax year, his basis in the partnership interest was $90,000, including his share of partnership liabilities. During the current year, ROCC reported net ordinary income of $100,000. In addition, ROCC distributed $10,000 to each of the partners ( $40,000 total). At the end of the year, Ryan's share of partnership liabilities increased by $10,000. His basis in the partnership interest at the end of the year is:
a. $100,000.
b. $115,000.
c. $90,000.
d. $125,000.
Ryan is a 25% partner in the ROCC Partnership. At the

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