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Laura's basis in her partnership interest was $ 1 1 , 0 0 0 . She received a non - liquidating distribution of $ 5

Laura's basis in her partnership interest was $11,000. She received a non-liquidating distribution of $5,000 cash and a machine worth $10,000 in which the partnership's basis was $8,500.(a) How much gain or loss does she have? (b) What's her basis in the machine? (c) What's her basis in her interest after the distribution?
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