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Bob owns 5 0 % of a partnership that sells a plot of land for $ 2 0 0 , 0 0 0 . One

Bob owns 50% of a partnership that sells a plot of land for $200,000. One year ago, Bob had contributed the land to the partnership when the land was worth $200,000. Bob's basis in the land was $100,000. Absent any special allocations in the partnership agreement, how much gain from the land sale is allocated to Bob?

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