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At the beginning of 2022, Ms. Pope purchased a 15 percentinterest in PPY Partnership for $25,000. Ms. Pope??s Schedule K-1reported that her share of PPY??s

At the beginning of 2022, Ms. Pope purchased a 15 percentinterest in PPY Partnership for $25,000. Ms. Popeâ??s Schedule K-1reported that her share of PPYâ??s debt at year-end was $28,000, andher sh 2 answers

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