On May 1, Melany contributed 7,000 and property with an adjusted basis of 9,500 and...
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Accounting
On May 1, Melany contributed 7,000 and property with an adjusted basis of 9,500 and a FMV of 11,500 for a 115% share of partnership Joseph Jamboree. What is her beginning basis
7,000
9,500
16,500
18,500
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