Short Answer
Match the following independent distribution payments in liquidation of a partner's interest in an ongoing partnership with the statements below.
a.A payment for the partner's share of partnership income under § 736(a).
b.A payment for the partner's share of partnership property under § 736(b).
c.The payment includes both a § 736(a) and a § 736(b) element.
-Payment of $60,000 cash for a partner's share of unrealized receivables where the partner is a limited partner,and most of the partnership's income is derived from services.
Correct Answer:

Verified
Correct Answer:
Verified
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