8. Marianne's business delivery truck is destroyed in an accident. She paid $50,000 for the truck, and $25,000 of depreciation has been deducted during its period of use. The insurance company pays Marianne $27,000 due to the accident. What is the minimum amount that Marianne must spend on a new truck to avoid any gain recognition? A) $40,000 B) $32,000 C) $10,000 D) $27,000 10. Eduardo,a single taxpayer, sold his home this year. He had owned and lived in the house for 8 years. Eduardo signed a contract on September 19 to sell his home. Sales price Selling expenses Replaced and paid for a broken window on March 2 Basis of old home before repairs and improvements $550,000 20,000 1,820 275,000 a Based on these facts, what is the amount of his recognized gain? A) $5,000 B) $25.000 C) $40,000 D) $275,000