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In a Proportionate Liquidating Distribution, Alexandria Receives a Distribution of $70,000

question 33

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In a proportionate liquidating distribution, Alexandria receives a distribution of $70,000 cash, accounts receivable (basis of $0 and fair market value of $20,000) , and land (basis of $30,000 and fair market value of $60,000) . In addition, the partnership repays all liabilities, of which Alexandria's share was $40,000. Alexandria's basis in the entity immediately before the distribution was $90,000. As a result of the distribution, what is Alexandria's basis in the accounts receivable and land, and how much gain or loss does she recognize?

Provide proper care and hygiene for patients with hearing aids or cerumen buildup.
Educate patients on the care and maintenance of medical or assistive devices, including hearing aids and contact lenses.
Perform hygiene care safely and effectively using specialized products, such as CHG wipes, following the manufacturer's instructions.
Understand the needs for and methods of providing perineal care for patients under various conditions.

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A law passed to ensure worker and workplace safety by setting and enforcing standards; oversees occupational health and safety in the United States.

OSHA

The Occupational Safety and Health Administration, a federal agency responsible for ensuring safe and healthful working conditions by setting and enforcing standards.

Occupational Accidents

Unexpected events that occur in the workplace resulting in injury or harm to an employee.

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