Ashley, a 50% partner had an adjusted basis of $15000 at the beginning of the year. The partnership had a reported $74000 ordinary loss and a $28000 increase in recourse liabilities for which the partners were liable. What is Ashley's allowable loss and her adjusted basis at the end of the year?

Someone answer this asap for gabriella uses the current exchange rate to write the function, h(x), where x is the number of u. s. dollars and h(x) is the number of euros, the european union currency. she checks the rate and finds that h(100) = 7.5. which statement best describes what h(100) = 75 signifies? a. gabriella averages 7.5 u. s. dollars for every 100 euros. b. gabriella averages 100 u. s. dollars for every 25 euros. c. gabriella can exchange 75 u. s. dollars for 100 euros. d. gabriella can exchange 100 u. s. dollars for 75 euros.