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Barker acquired a 5 0 % interest in Kode Partnership by contributing $ 2 0 , 0 0 0 cash and a building with an
Barker acquired a interest in Kode Partnership by contributing $ cash and a building with an adjusted basis of $ and a fair market value of $ The building was subject to a $ mortgage, which was assumed by Kode. The other partners contributed cash only. The basis of Barker's interest in Kode is
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