Business
Business, 07.09.2019 04:10, breannaasmith1122

Kamir and javon form kj corporation, with each receiving 50% of the stock. kamir contributes equipment with a fair market value of $100,000 and an adjusted basis of $55,000, as well as services with a value of $15,000. javon contributes $115,000 in cash. what is kamir’s basis in the kj stock?

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Kamir and javon form kj corporation, with each receiving 50% of the stock. kamir contributes equipme...

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