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Matt and Perry form Bing Partnership several years ago as equal partners. The partnership recourse debt balance at the beginning of 2 0 2 3
Matt and Perry form Bing Partnership several years ago as equal partners. The partnership recourse debt
balance at the beginning of was $ The partnership recourse debt balance at the end of is
$ Partnership debt is shared equally between the partners. Matt's outside basis at the beginning of
is $ and Perry's outside basis at the beginning of is $ Based on the information
below calculate Matt's end of year outside basis. points
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