What is annies basis in her share of create llc at the end, Financial Management

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What is annies basis in her share of create llc at the end

Annie was an original investor in, and owns a 25% interest in, Create, LLC, a software company. Annie paid $50,000 for her interest. This year, Create, LLC did very well and had a profit of $100,000. However, no distributions were made. What is Annie’s basis in her share of Create, LLC at the end of this year?

a. $25,000.

b. $50,000.

c. $75,000.

d. $100,000.

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Financial Management: What is annies basis in her share of create llc at the end

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