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Cindy, Casey, and Kara each invested $ 3 0 , 0 0 0 in a real estate venture. The partnership borrowed $ 2 0 0

Cindy, Casey, and Kara each invested $30,000 in a real estate venture. The partnership borrowed $200,000 and purchased a warehouse for $290,000. The note was secured by the building; there was no personal recourse against the partners.

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