Question: Which of the following items will decrease Sandy's at - risk basis? 1 . Sandy's contribution of $ 1 0 , 0 0 0 in

Which of the following items will decrease Sandy's at-risk basis? 1. Sandy's contribution of $10,000 in exchange for stock in the Danny's Dream S corporation, 2. Sandy's $3,000 distribution from the S corporation, 3. Sandy's share of the S corporation's ordinary business income of $2,500,4. the FMV of the S corporation stock she was given for services rendered to the S corporation.

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