4. Match the following statements with the best match from the choices below. Note: Choice M may be used more than once. Limited partner a. Includes the partner's share of partnership liabilities. General partner Could result from sale of a partnership interest for more than the b. partner's share of the inside basis of assets. Limited liability Liquidation payments from this type of partnership are always partnership 736(b) payments. Active member of alcould arise if a distribution results in loss to the distributes partner. LLC Unstated goodwill e. May be a $ 736(a) payment. C. Stated goodwill f. May receive $ 736(a) payments. g. Probably treated as a general partner for 5 736 purposes Capital intensive partnership Service providing partnership Sales price of partnership interest h. Conversion of an LLC to a C corporation Liquidation payments from this type of partnership may includes 736(a) payments. Section 754 1. AS 736(b) payment. k. Adjustment designed to bring inside and outside bases into balance. Mandatory step down Step up 1. Partnership asset basis is at least $250,000 > FMV. m. No correct match is provided. Step down Partnership Accessibility: Investigate D. Focu