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Question 11 of 50. Mian and Cordero are equal partners in JSC Fedoras, Julinn eo tributed $15 000 and Cordero contributed inventory wit . FMVofS1SD00 s O Julan's basis in the partnership is $15,000 and Cordero's is $13,000 awl been et 3,000 which ofth. folowing is true? O Jian and Cordere each have a basis in the parinership of $16,000 O Julian will have a larger share of the profits than Cordero O The first and third answers are both correct Mark tor follow up Question 12 of 80 under . partnership agreement Pamela is to receive 25% of the pa O Partnership: $6,250. Pamela: $15,000. O Partnership: $6,250. Pamela: $20,000 O Partnership: $15,000. Pamela: $8,750 O Partnership: $15,000. Pameia: $20,000 Mark for follow up Question 13 of 50. individual general partners. How many Scheduies K-1 must be filed by partnership WXYZ? Partnership WXYZ has one limited partner that is a partnership, one limited partner that is a corporation, and two O one O Two O Three. O Four. Mark for follow up begining basis? Question 14 of 50, on July 1, Marianna contributed $8,000 as O $8,000 O $10,500 O $18,500 O $20,500 eas property with an adjusted basis of S 10.500 and a FMV of $12,500 for a 15% share of partnership Josey's Gym wn at is her Mark for follow up Question 15 of 50 David is a general partner who owns 50% interest in Live Free Enterprises. Steve is a limited Partner who also owns sos. The Partnership ha usooo in ecourse habana and t 15000 in nome

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