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QUESTION 1 Veatrice received $10,000 Cash and a Capital Asset with an Adjusted Basis of $6,000 and a Fair Market Value of $6,000 in Complete

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QUESTION 1 Veatrice received $10,000 Cash and a Capital Asset with an Adjusted Basis of $6,000 and a Fair Market Value of $6,000 in Complete Liquidation of her Partnership Interest. Her basis in his Partnership Interest was $20,000 prior to the distribution. What is Veatrice's basis in the distributed Capital Asset? $ 6,000 $ 4,000 $-0- $10,000

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