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jerry contributed $8000 for a 25% interest in a bookstore. He also contributed a cash register with a FMV of $490 and an adjusted basis

jerry contributed $8000 for a 25% interest in a bookstore. He also contributed a cash register with a FMV of $490 and an adjusted basis of $350. The store had a profit of $60000. What is Jerry's basis at the end of the year.

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