Answer: $37000
Explanation:
Sharon's basis in the partnership interest after the formation transaction is calculated below:
Adjusted basis of property to Sharon = $100,000
Less: Basis in mortgage = $90000 × (100% - 30%) = $90000 × 70% = $63000
Then, Sharon's basis in the partnership interest after the formation transaction will be:
= $100000 - $63000
= $37000
_________ is the removal of items from a store with the intention of not paying for them.
a. shrinkage
b. shoplifting
c. control
d. none of the above
Answer: lol that should be shoplifting