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Ichigo is the sole shareholder of Dave & Buster's Inc. Ichigos basis at the beginning...

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Accounting

Ichigo is the sole shareholder of Dave & Buster's Inc. Ichigos basis at the beginning of the year is $68,000. D&B reported an ordinary loss of $25,000 and $20,000 of municipal bond interest for the year. D&B's also distributed cash of $32,000 to Ichigo on June 1. What is Ichigos basis in D&B at the end of the year?

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