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PT Partnership begins with 2 partners. Parrot contributes assets with a FMV of $50,000 and an adjusted basis of $10,000, and Troy contributes accounting services

PT Partnership begins with 2 partners. Parrot contributes assets with a FMV of $50,000 and an adjusted basis of $10,000, and Troy contributes accounting services of $50,000. What income must Ava and Rose pick up on their individual tax returns?

Parrot
Troy

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