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on June 11th Isaac contributed $7,500 for a 20% interest in the general partnership Abe's Bagels. The partnership took out a loan for $19,000 on

on June 11th Isaac contributed $7,500 for a 20% interest in the general partnership Abe's Bagels. The partnership took out a loan for $19,000 on August 1st. Isaac's distributive share for the year was $4200. What is the zendan basis for the partnership

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