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Accounting 5. Carl, Deb and Ellen formed an equal general partnership. They contributed the following assets: Carl: Asset Basis FMV Equipment (all Sec. 1245 gain)

Accounting 5. Carl, Deb and Ellen formed an equal general partnership. They contributed the following assets: Carl: Asset Basis FMV Equipment (all Sec. 1245 gain) $1,000 $3,000 Goodwill 0 5,000 Accoun...

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