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repairs and maintenance is 0 I have no other information so treat it as a 0 1) Floyd and Larry, equal partners, form the Ant

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repairs and maintenance is 0 I have no other information so treat it as a 0

1) Floyd and Larry, equal partners, form the Ant World Partnership. During the year, Ant World had the following revenue, expenses, gains, losses, and distributions: Given these items, what amount of ordinary business income (loss) and what separately-stated items should be allocated to each partner for the year

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