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Return to question 20 ! Part 5 of 5 Required information [The following information applies to the questions displayed below) Justin and Lauren are equal
Return to question 20 ! Part 5 of 5 Required information [The following information applies to the questions displayed below) Justin and Lauren are equal partners in the Penn Partnership. The partners formed the partnership seven years ago by contributing cash. Prior to any distributions, the partners have the following bases in their partnership interests: 028 points Partner Justin Lauren Outside Basis $ 22,700 $ 22,700 On December 31 of the current year, the partnership makes a pro rata operating distribution of Partner Distribution Justin Cash $ 25,900 Lauren Cash $ 18,600 Property $ 7,300 (Leave no answer blank. Enter zero if applicable.) (FH) (52,220 basis to partnership) e. What is Lauren's remaining basis in her partnership interest? Answer is complete but not entirely correct. Remaining basis S 2.220
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