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Three individuals form the pst partnership. the partners contributions to the partnership are: 1. Three Individuals for the PST Partnership. The partner's contibutions to the

Three individuals form the pst partnership. the partners contributions to the partnership are:image text in transcribed

1. Three Individuals for the PST Partnership. The partner's contibutions to the partnership are: Pat Cash, $30,000. Sal Organizational Services, fonu $30,000 Tum Store Building, fimu $30,000; book and tax basis to Tim, $27,600. Each partner receives an equal profits Interest in the new business. The proti-sharing ratio is used to allocate minimum gain and debt, under the partnership agreement A) Compute each partner's ortginal basis in the partnerahip Interest 8) What is the baals of the store to PST

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