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On may 1 Melany contributed 7000 and property with adjusted basis of 9500 and a fnv of 11500 for a 15% share of partnership Joseph

On may 1 Melany contributed 7000 and property with adjusted basis of 9500 and a fnv of 11500 for a 15% share of partnership Joseph Jamboree. what is her beginning basis? a. 7000 b. 9500 c. 16500 d. 18500

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