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On March 1, 2013, Eckert and Kelley formed a partnership. Eckert contributed $75,000 cash and Kelley contributed land valued at $60,000 and a building valued

On March 1, 2013, Eckert and Kelley formed a partnership. Eckert contributed $75,000 cash and Kelley contributed land valued at $60,000 and a building valued at $90,000. The partnership also assumed responsibility for Kelley

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