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Julian sold his 30 percent capital and profits interest in Myrtle partnership to Gert for $30,000. Julian's basis in his partnership interest prior to the

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Julian sold his 30 percent capital and profits interest in Myrtle partnership to Gert for $30,000. Julian's basis in his partnership interest prior to the sale was 24,000, which included a $10,000 share of nonrecourse debt allocation. What is Gert's beginning basis in her partnership interest? O $34,000 O $40,000 O $24,000 O $10,000

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