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Lana Moe and Curly formed LMC general partnership as equal partners Lana contributed 10000
cas and property with an adjusted basis of 15000 and a fair market value of 35000. The
partnership had 90000 in ordinary income for the year. What is Lana's ending book basis capital
account?
a 45000
b 55000
c. 65000
d. 75000

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