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( Pert 2 of 3 Required information Problem 2 2 - 5 7 ( LO 2 2 - 4 ) ( Algo ) [ The

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Problem 22-57(LO 22-4)(Algo)
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Problem 22-57 Part b (Algo)
b. At the beginning of the year, James's basis in his Birch Corporation stock was $10,200 and his basis in his Birch Corporation debt was $7,450.
\table[[Amount of loss clearing tax basis limitation,],[Basis in stock,],[Basis in debt,]]
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