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Kathleen was an original investor in, and owns a 60% interest in, Modern Digits LLC,...

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Accounting

Kathleen was an original investor in, and owns a 60% interest in, Modern Digits LLC, a personal finance company. Kathleen paid $125,000 for her interest. This year, Modern Digits did very well and had a profit of $200,000. However, no distributions were made. What is Kathleens basis in her interest in Modern Digits at the end of this year?

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