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  3. adjusted basis, beginning of year $10,000

Adjusted basis, beginning of year $10,000 ...

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Question

Accounting

Adjusted basis, beginning of year
$10,000
$2,000
Ordinary income
30,000
30,000
Section 1231 gains
500
500
Interest income from municipal bonds
250
250
Short-term capital losses
(1,000)
(1,000)
Charitable contributions
(1,500)
(1,500)
Withdrawals
(25,000)
(20,000)
Adjusted basis, end of year
$13,250
$10,250

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