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Mary J. sold her interest in a partnership for $23,000 cash when her outside basis was $8,000. She was relieved of her $28,000 share of
Mary J. sold her interest in a partnership for $23,000 cash when her outside basis was $8,000. She was relieved of her $28,000 share of partnership liabilities. What is Mary J.'s realized value from the sale of her partnership interest? $15,000 $23,000 $43,000 $51,000
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