Question: Carol , Cory , and Cora own 3 0 % , 2 5 % , and 4 5 % , respectively , in the HHHPartnership.

Carol, Cory, and Cora own 30%,25%, and45%,respectively, in the HHHPartnership. Carol sells securities for their $70,000 fair market value(FMV) to the partnership.

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