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Asset with an Adjusted Basis to the Partnership of $11,000 and a Fair Market Value of $27,000. The adjustments fie. increase or decrease if ath

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Asset with an Adjusted Basis to the Partnership of $11,000 and a Fair Market Value of $27,000. The adjustments fie. increase or decrease if ath made bin the Partnership to its remaining assets if an Optional Basis Adjustment Ellection is in effect is: $8,000 increase. $1,000 Decrease. $8,000 Decrease. $1,000 Increase

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