The KL Partnership is owned equally by Kayla and Lisa. At the beginning of the year, Kayla's tax basis in her KL interest is $20,000 and Lisa's tax basis is $16,000. Partnership debt did not change from the beginning to the end of the tax year. KL reported the following income and expenses for the current tax year. Assume total assets are $680,400. Sales revenue $150,000
Cost of sales 80,000
Distribution to Lisa 15,000
Depreciation expense 20,000
Utilities 14,000
Rent expense 18,000
Long-term capital gain 6,000
Payment to Mercy Hospital for Kayla's medical expenses 12,000

a. The partnership's net income is $ .
b. The separately stated income items total $ .
c. Kayla's basis in her partnership interest at the end of the tax year is $ .
d. Lisa's basis in her partnership interest at the end of the tax year is $ .