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QUESTION 4 Amelia received $10,000 Cash and Inventory with a basis and Fair Market Value of $6,000 in Complete Liquidation of her Partnership Interest Her

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QUESTION 4 Amelia received $10,000 Cash and Inventory with a basis and Fair Market Value of $6,000 in Complete Liquidation of her Partnership Interest Her basis in her Partnership Interest was $20,000 prior to the distribution What is Amella's basis in the distributed Inventory? $6,000 $-0- $ 4,000 $10,000

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