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Rhonda has a basis of $8,600 in a partnership at the beginning of the year. She receives $12,800 in cash distributions, and her distributive share of income is $2,920.

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Rhonda has a basis of $8,600 in a partnership at the beginning of the year. She receives $12,800 in cash

distributions, and her distributive share of income is $2,920.

 
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