EXCESS BASES FROM LLC?

I'M WORKING ON MY CLINET PERSONAL TAX 1040 AND SHE BROUGHT ME A K-1 FROM LLC. IN SECTION L ON K-1(1065) IT SHOWS BEG CAP 140,000 AND WITHDRAWAL & DISTRIBUTION 440,000 AND ENDING CAPITAL ACCT 300,000 (FYI SECTION K SHOUWS 300,000 QUALIFIED NONRECOURSE FINANCING). DOES SHE NEED TO PAY CAPITAL GAIN ON HER PERSONAL TAX RETURN DUE TO EXCESS BASES. THANKS