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13,400 is not the right answer Mrs. Beld sold marketable securities with a $79,600 tax basis to her daughter for $60,000 cash. Two years later,
13,400 is not the right answer
Mrs. Beld sold marketable securities with a $79,600 tax basis to her daughter for $60,000 cash. Two years later, the daughter sold the securities through her broker for $93,000. Compute the daughter's gain recognized on sale. Multiple Choice $13,400 $19,600 $33,000 None of these choices are correctStep by Step Solution
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