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4. A gives a gift of property to B. As basis in the property was $300,000 and its fair market value on the date of

4. A gives a gift of property to B. As basis in the property was $300,000 and its fair market value on the date of the gift was $500,000. A paid $75,000 in gift tax. What is Bs gain or loss on the disposition of the gift if B sells the property for $100,000? 600,000? $400,000?

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