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ake ssignment Main. O invoker=assignments&take ssignment essionLocat or assignment takeo mprogi es | 1.. E Organizations-lm. Gmail @ QuickBooks eBook Problem 4-30 (LO. 2) Determine

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ake ssignment Main. O invoker=assignments&take ssignment essionLocat or assignment takeo mprogi es | 1.. E Organizations-lm. Gmail @ QuickBooks eBook Problem 4-30 (LO. 2) Determine the taxpayer's gross income for tax purposes in each of the following situations: If an amount is zero, enter "0. Gross Income a. Deb, a cash basis taxpayer, traded a corporate bond with accrued interest of $300 for 1,700 X corporate stock with a fair market value of $12,000 at the time of the exchange. Deb's cost of the bond was $10,000. The value of the stock had decreased to $11,000 by the end of the b. Deb needed $10,000 to make a down payment on her house. She instructed her broker to sell some stock to raise the $10,000. Deb's cost of the stock was $3,000. Based on her broker's advice, instead of selling the stock, she borrowed the $10,000 using the stock as collateral for the debt. 0 Deb's boss gave her two tickets to the Rabid Rabbits rock concert because she met her sales quota. At the time she received the tickets, each ticket had a face price of $200 and was selling on eBay for $300. On the date of the concert, the tickets were selling for $250 each. Deb and her son attended the concert c. 600

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