LO.2, 4, 5, 8 Continue with the facts presented in Problem 31, except that Suz-Anna was formed

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LO.2, 4, 5, 8 Continue with the facts presented in Problem 31, except that Suz-Anna was formed as an LLC instead of a general partnership.

a. How would Suz-Anna's ending liabilities be treated?

b. How would Suzy's basis and amount at risk be different? Explain.

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