Question: $ 4 , 0 0 0 , and a share of rental income of $ 3 , 5 0 0 . What is Ted's tax

$4,000, and a share of rental income of $3,500. What is Ted's tax capital account balance reported on his Schedule K-1 for the tax year?
$52,500
$44,500
$40,500
$25,500
$ 4 , 0 0 0 , and a share of rental income of $ 3

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