Question: Luke contributed 2 0 0 0 0 for a 5 0 % interest in food truck. He also contributed a computerized display board with a

Luke contributed 20000 for a 50% interest in food truck. He also contributed a computerized display board with a fair market value of 1300 and the adjusted basis of 1100 luke share of the net business income for the year was 10000 what is Luke's partnership basis in this business at the end of the year.

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