Christie purchases a one-third interest in the Corporate Capital Partnership (CCP) in 2009 for…

Christie purchases a one-third interest in the Corporate
Capital Partnership (CCP) in 2009 for $40,000. During 2009, CCP earns an income
of $90,000, and Christie withdraws $30,000 in cash from the partnership. In
2010, CCP suffers a loss of $30,000, and Christie withdraws $10,000. What are
the tax consequences for Christie of this investment in 2009 and 2010?