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Lana Moe and Curly formed LMC general partnership as equal partners Lana contributed 10000 cas and property with an adjusted basis of 15000 and a
Lana Moe and Curly formed LMC general partnership as equal partners Lana contributed 10000 cas and property with an adjusted basis of 15000 and a fair market value of 35000. The partnership had 90000 in ordinary income for the year. What is Lana's ending book basis capital account? a 45000 b 55000 c. 65000 d. 75000
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