Question: Leas outside basis is 100. She receives a liquidating distribution of multiple assets other than cash, inventory, and receivables. The combined inside basis of the

Leas outside basis is 100. She receives a liquidating distribution of multiple assets other than cash, inventory, and receivables. The combined inside basis of the distributed assets is 60. How will the 100 of basis be allocated to these assets?

Select one:

Pro-rata based on inside basis

Pro-rata based on outside basis

Pro-rata based on fair market value

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