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Check my work 29 Required information Part 2 of 2 [The following information applies to the questions displayed below.] Erin's basis in her Kiybron Partnership

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Check my work 29 Required information Part 2 of 2 [The following information applies to the questions displayed below.] Erin's basis in her Kiybron Partnership interest is $4,700. Erin receives a distribution of $3,800 cash from Kiybron in 3.68 complete liquidation of her interest. Kiybron is an equal partnership with the following balance sheet: points Tax Basis FMV Assets Skipped Cash $ 3,800 $ 3,800 Stock ( investment) 2, 000 4, 000 Land 8 , 300 1, 700 eBook Totals $ 14, 100 $ 9,500 Liabilities and capital Print Capital-Erin $ 4, 700 Capital-Carl to - $ 4,700 References Capital-Grace $ 4, 700 Totals $ 14, 100 b. If Kiybron has a $754 election in place, what is the amount of the special basis adjustment? Special basis adjustment

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