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Sarah contributed stock with a fair market value of $250,000 and a tax basis of $100,000 to New Partnership for a 70 percent interest in

Sarah contributed stock with a fair market value of $250,000 and a tax basis of $100,000 to New Partnership for a 70 percent interest in the partnership. New Partnership would be treated as an investment company if it had been incorporated. What is the partnership's tax basis in the stock contributed by Sarah? 

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