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on May 1, Millatti contributed $5000 and property, with an adjusted basis of $8500 and a fair market value of $13,000, for a 20% share
on May 1, Millatti contributed $5000 and property, with an adjusted basis of $8500 and a fair market value of $13,000, for a 20% share of partnership Ginas jump house. What is her beginning basis?
$3600
$5000
$13,500
$18,000
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