At the Beginning of the Current Year, K's Basis in Her

At the beginning of the current year, K's basis in her partnership interest was $35,000.At the end of the year, K received a K-1 from the partnership that showed the following: Increase in share of partnership liabilities $\quad$$\$ 8,700$
Cash withdrawal $\quad$$\quad$ 20,000
Partnership taxable income $\quad$ 13,500
Dividend income $\quad$$\quad 5,000$
Short-term capital loss $\quad$$\quad 1,400$
Charitable contribution $\quad$$\quad 500$
Special allocation of depreciation $\quad$$\quad$ 1,800 Based on these facts, compute K's basis in her partnership interest at the beginning of the next year.

A) $31,200
B) $42,200
C) $31,700
D) $38,500
E) $39,900