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210,00 O $20,400 Mark for follow up Question 51 of 75. For the tax year, LMN partnership reported a $63,000 ordinary loss and a $25,000

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210,00 O $20,400 Mark for follow up Question 51 of 75. For the tax year, LMN partnership reported a $63,000 ordinary loss and a $25,000 increase in recourse liabilities for which the partners are liable. Gina, a 50% partner, had an adjusted basis of $15,000 at the beginning of the year. What is Gina's allowable loss and her adjusted basis in LMN at the end of the year? share of loss -31,500 adjusted basis is,oou O Allowable loss: $31,500. Adjusted basis: $6,500. O Allowable loss: $31,500. Adjusted basis: $4,000. O Allowable loss: $31,500. Adjusted basis: $0. O Allowable loss: $10,000. Adjusted basis: $4,000. Mark for follow up allowall loss 15,000

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