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Bean 72 years old and has set income for tax purposes of 554.500. Asume that the nation of the age the credit begira a $37.500

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Bean 72 years old and has set income for tax purposes of 554.500. Asume that the nation of the age the credit begira a $37.500 and that the teamount of the credit is 87,200. What is the age tax credit to Brian under these assumptions? Choose the corect answer. Round to the nearest do BA 5695 OB. $2,560 OC. $0 OD. 57.200 Diego Edson has the following assets: . Land with ACB of $40,000 Building with a cost of $115,000, and UCC of $83,000. Diego sells both of land and building in a single transaction for $204,000. The estimated FMV of each was: Land : $136,000 Building: $68,000 How much capital gain and terminal loss will Diego realize on this transaction? Choose the correct answer. O A. capital gain of $68,000, terminal loss of $15,000 B. capital gain of $68,000, terminal loss of $47,000 O C. capital gain of $49,000, terminal loss of $0 D. capital gain of $81,000, terminal loss of $0 Click to select your answer. Jane receive an option to purchase shares of intech Company as a benefit of employment. The option specifies that ane can purchases for $30 each. On January 1 of the current year, Jane exercises options to purchase 120 shares for $3.600. At there the shares wreading for 555 each on a putio exchange. Uning only the information, what are the tax comes to Jane when he sees the stock options? Choose the correct tower A has an adjusted cont base of 530 in the shares of Intech Company O B. Jim as a taxable captal gain of $18.000 OC Jin has an adjusted cout base of 555/hare in the shares of Inited Company O Dim has a taxable capital gain of S9,000

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