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9. During February 2017, Eleanor received land valued at $30,000 from the estate of her grandfather. Her grandfather's basis in the land was $8,000. Eleanor

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9. During February 2017, Eleanor received land valued at $30,000 from the estate of her grandfather. Her grandfather's basis in the land was $8,000. Eleanor sold the land for $34,000 in November 2017. Eleanor's gross income in 2017 from the sale is: b $4,000 c $8,000 d. $16.000 e. $26,000

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