Question
laquisha converted her sole proprietorship to an S corporation and transferred several assets to the corporation the asset cost $ 20,000 with adjusted basis of
laquisha converted her sole proprietorship to an S corporation and transferred several assets to the corporation the asset cost $ 20,000 with adjusted basis of $14,700 she also spent an additional $ 750 to make conversion to an s corporation. What is her beginning basis in the S Corporation?
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