Question: 18. How much ordinary income should Slagle report in his 2011 income tax return on the sale of his partnership interest? a. $0 b. $10,000

18. How much ordinary income should Slagle report in his 2011 income tax return on the sale of his partnership interest?

a. $0

b. $10,000

c. $70,000

d. $77,000

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