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Melinda is a 50% partner in the MB Partnership. Melinda's adjusted basis at the beginning of the year was $70,000. MB Partnership borrowed $400,000 from

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Melinda is a 50% partner in the MB Partnership. Melinda's adjusted basis at the beginning of the year was $70,000. MB Partnership borrowed $400,000 from a bank of which $220,000 remained unpaid at year end. MB had ordinary income of $150,000 at year end. 7. What is Melinda's basis at year end

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