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Immediately prior to its termination, the ABC Partnership owned the following assets: Inside Basis FMV Cash Equipment Accumulated Depreciation Capital asset $ 92,000 $240,000 $100,000

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Immediately prior to its termination, the ABC Partnership owned the following assets: Inside Basis FMV Cash Equipment Accumulated Depreciation Capital asset $ 92,000 $240,000 $100,000 64,000 $92,000 $100,000 $50,000 F is a 60% owner with an outside basis in his interest of $177,600. Calculate F's basis for each asset received in the distribution. Immediately prior to its termination, the ABC Partnership owned the following assets: Inside Basis FMV Cash Equipment Accumulated Depreciation Capital asset $ 92,000 $240,000 $100,000 64,000 $92,000 $100,000 $50,000 F is a 60% owner with an outside basis in his interest of $177,600. Calculate F's basis for each asset received in the distribution

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