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. Problem 10-39 (LO. 6, 7, 8, 9, 12) The KL Partnership is owned equally by Kayla and Lisa. At the beginning of the year,

. Problem 10-39 (LO. 6, 7, 8, 9, 12) The KL Partnership is owned equally by Kayla and Lisa. At the beginning of the year, Kayla's tax basis in her KL interest is $20,000 and Lisa's tax basis is $16,...

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