The Regis Company Partnership (RCP) has operated a tractor dealership since 2001. Rebecca is the limited partner, Carla is the general partner, and they share capital, profits, and losses equally (50%/50%). Carla works full-time managing the partnership (consider for self-employment). Rebecca does not materially participate in the partnership and has no other passive income. Both the partnership and the partners report on a calendar-year basis. At the start of the current year, Rebecca and Carla had bases of $10,000 and $3,000 respectively, and the partnership did not have any debt during 2013. On the last day of the year, the partnership distributed $4,000 each to Rebecca and Carla