Question: On May 15, Issac contributed $5.500 for a 10% interest in the general partnership. Mae's Tools. The partnership took out a loan for $15,000 on

 On May 15, Issac contributed $5.500 for a 10% interest in

On May 15, Issac contributed $5.500 for a 10% interest in the general partnership. Mae's Tools. The partnership took out a loan for $15,000 on June 20. Issac's distributive share for the year was $3,700. What is his ending basis for the Question 35 of 75 0000 partnership? 89 200 310,700 $20,500 $24,200

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