Question: The following five problems are math related. Show your work. Tom invested $20,000 m a limited partnership His share of liabilities from mortgage debt was

 The following five problems are math related. Show your work. Tom

The following five problems are math related. Show your work. Tom invested $20,000 m a limited partnership His share of liabilities from mortgage debt was initially $45,000. 1 he property suffered a loss in income during the first year, of which share was $5.onn However. in years two through four income allocated from the account equaled a total of $9,000 ($3,000 per year) the reduction in debt at the end of year 4 from amortization of the loan is equal to $1,100. What is Tom's basis in the partnership interest at the end of year 4

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