Question: Ezekial contributed $ 8 , 0 0 0 for a 2 5 % interest in a mobile clothing boutique. He also contributed a point of

Ezekial contributed $8,000 for a 25% interest in a mobile clothing boutique. He also contributed a point of sale system with a fair market value of $1,200 and an adjusted basis of $800. His allocated share of partnership income, net of deductions, was $5,000. What is Ezekial's partnership tax capital account in this-business at the end of the year?$13,200$13,800$14,200$15,000

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