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

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Check my world 29 Part 2 of 2 Required information (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 complete liquidation of her interest. Kiybron is an equal partnership with the following balance sheet: 3.68 points Tax Basis FMV Skipped $ 3,800 2,000 8,300 $ 14,100 $ 3,800 4,000 1,700 $ 9,500 eBook Assets Cash Stock (investment) Land Totals Liabilities and capital Capital-Erin Capital-Carl Capital-Grace Totals Print References $ 4,700 $ 4,700 $ 4,700 $ 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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