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Q 1 4 . Before a distribution, Nancy has a $ 2 0 0 , 0 0 0 basis in the EB Partnership. She receives
Q Before a distribution, Nancy has a $ basis in the EB Partnership. She receives a proportionate current distribution of land with a basis to EB of $value of $ and inventory with a basis of $value of $ What are the new bases for the land and inventory Nancy receives?
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