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Halie Loren and Carmen formed an h l and see a general partnership as equal Partners Haley contributed 55, 000 cash Lauren contributed 25000 cash
Halie Loren and Carmen formed an h l and see a general partnership as equal Partners Haley contributed 55, 000 cash Lauren contributed 25000 cash and property with an adjusted basis of 25, 000 and a fair market value of 35000 Cami contribute property with an adjuster base of 43000 and a fair market value of 55000 the partnership made 9000 in ordinary income for the year what is Hayley's ending tax Capital account
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