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U Question 18 10 pts At the beginning of Year 1 K an individual, purchased a 15 percent interest in L Partnership for $21.000, KS

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U Question 18 10 pts At the beginning of Year 1 K an individual, purchased a 15 percent interest in L Partnership for $21.000, KS Schedule R-1 reported that her share of L's debt at year-end was $20,000, and her share of ordinary loss was $37,850. On January 1 Year 2. K sold her interest to another partner for $2.800 cash. Computo K's recognised gain on sale of her L. Partnership Interest, Question 18 10 pts At the beginning of Year 1 K an individual purchased a 15 percent interest in L. Partnership for $21,000. K's Schedule K-1 reported that her share of L's debt at year-end was $20,000, and her share of ordinary loss was $37,850. On January 1, Year 2. K sold her interest to another partner for $2,800 cash Compute K's recognized gain on sale of her L Partnership interest

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