Question: Continue with the same facts of Problem 13. Consider Amy's capital account. a. What is Amy's capital account at the beginning of the year? b.

Continue with the same facts of Problem 13. Consider Amy's capital account.

a. What is Amy's capital account at the beginning of the year?

b. What is Amy's capital account at the end of the year?

c. How do the capital account balances differ from her basis amounts in Problem 13?

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