ABC Corporation is an accrual basis, calendar year taxpayer. It had a beginning balance in its allowance for doubtful accounts of $5,000 (credit balance). The company lists bad debt expense of $6,000 on its GAAP income statement. The ending balance in the allowance for doubtful accounts is $9,000. What is ABC Corporation's bad debt expense for tax?Taxpayer A is a calendar year, cash basis individual. They have an ownership interest in the calendar year, accrual basis ABC Partnership. A's "outside" basis in their partnership interest is $117,000. A receives the following assets in liquidation of their partnership interest: Asset Received Basis to Partnership FMV date of liquidation Cash $40,000 $40,000 Inventory $15,000 $20,000 Office Furniture $90,000 $145,000 Equipment $120,000 $100,000 What is A's basis in the Office Furniture they received