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Assume that the limited liability company earns $100 in year Y, borrows $300, and distributes $400 in cash to its partners. What is the

 

Assume that the limited liability company earns $100 in year Y, borrows $300, and distributes $400 in cash to its partners. What is the amount of income, collectively, that the partners will have to report on their individual federal income tax returns from the partnership for year Y? (Format your answer as $ ____)

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