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Check my work 15 Required information [The following information applies to the questions displayed below.] Part 4 of 5 Adam and Alyssa are equal partners
Check my work 15 Required information [The following information applies to the questions displayed below.] Part 4 of 5 Adam and Alyssa are equal partners in the PartiPilo Partnership. The partners formed the partnership three years ago by contributing cash. Prior to any distributions, the partners have the following bases in their partnership interests: 3.44 points Partner Adam Alyssa Outside Basis $ 14,600 $ 14,600 eBook Hint On December 31 of the current year, the partnership makes a pro rata operating distribution of: Print Partner Adam Alyssa References Distribution Cash $ 19,550 Cash $ 12,400 Property $ 7,150 (FMV) ($5,050 basis to partnership) (Leave no answer blank. Enter zero if applicable.) d. What is Alyssa's basis in the distributed assets? $ 12,400 Basis in cash Basis in property
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