Please help fill in the blanks and answer the question. The XYZ...
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Accounting
Please help fill in the blanks and answer the question.
The XYZ partnership made the pro rata current distributions listed below during 20X9 and provided you with each partner's outside basis immediately before the distributions as follows: Determine with regard to the distributions: (1) XYZ's recognized gain or lossf (2) each partner's recognized gain or loss; (3) each partner's basis in the property received; (4) each partner's remaining outside basis; and ( 5 ) the effect it has on the basis of the property not distributed by XYZ
Please help fill in the blanks and answer the question.

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