77. Ambers mother and father gave her a condo on 7/4/2020. Her parents purchased the condo on 9/13/2002 for $158,759. The fair market value of the house at the time of the gift was $265,000. Ambers parents made improvements to the condo of $65,000. What is the amount of the gift that can be excluded from gift tax? a) $ 0 b) $15,000 c) $30,000 d) $41,241

89. Wyatt purchased a new computer and used it for both business and personal use. He has determined the business-use portion of the computer is two-thirds, and the personal-use portion is one-third. He purchased the computer for $5,000 on January 1, 2020. What is the depreciable basis of the computer (Not consider any section 179 expense deduction and/or special depreciation allowance)? a) $5,000 b) $1,667 c) $3,333 d) $2,500

90. Kevin owns a small business and uses his vehicle for personal and business use. He drove his car a total of 30,000 miles. Business mileage totaled 22,000 and commuting/personal mileage totaled 8,000. The basis of the vehicle is $16,000. What is the vehicles depreciable basis (do not consider section 179 expense and/or special depreciation allowance)?a) $16,000 b) $ 4,267 c) $11,733 d) $ 0

Help me with 77, 89, & 90 please