{
    "key_pair_value_system": true,
    "answer_rating_count": "",
    "question_feedback_html": {
        "html_star": "",
        "html_star_feedback": ""
    },
    "answer_average_rating_value": "",
    "answer_date_js": "2024-06-28T06:35:30-04:00",
    "answer_date": "2024-06-28 06:35:30",
    "is_docs_available": null,
    "is_excel_available": null,
    "is_pdf_available": null,
    "count_file_available": 0,
    "main_page": "student_question_view",
    "question_id": "4253565",
    "url": "\/study-help\/questions\/big-corporation-sold-a-plot-of-undeveloped-land-to-subco-4253565",
    "question_creation_date_js": "2024-06-28T06:35:30-04:00",
    "question_creation_date": "Jun 28, 2024 06:35 AM",
    "meta_title": "[Solved] B.I.G. Corporation sold a plot of undevel | SolutionInn",
    "meta_description": "Answer of - B.I.G. Corporation sold a plot of undeveloped land to SubCo this year for $100,000. B.I.G. had acquired the land sever | SolutionInn",
    "meta_keywords": "corporation,sold,plot,undeveloped,land,subco,year,$100,000,acquired,years,ago,$40,000",
    "question_title_h1": "B.I.G. Corporation sold a plot of undeveloped land to SubCo this year for $100,000. B.I.G. had acquired the land several years ago for $40,000. The",
    "question_title": "B.I.G. Corporation sold a plot of undeveloped land to SubCo this year",
    "question_title_for_js_snippet": "B I G  Corporation sold a plot of undeveloped land to SubCo this year for $100,000  B I G  had acquired the land several years ago for $40,000  The consolidated return also reflects the operating results of the parties  B I G  generated $130,000 income from operations, and SubCo produced a $20,000 operating loss What is the group's consolidated taxable income ",
    "question_description": "<p>B.I.G. Corporation sold a plot of undeveloped land to SubCo this year for $100,000. B.I.G. had acquired the land several years ago for $40,000. The consolidated return also reflects the operating results of the parties: B.I.G. generated $130,000 income from operations, and SubCo produced a $20,000 operating loss.What is the group's consolidated taxable income?<\/p>",
    "transcribed_text": "",
    "related_book": {
        "title": "Elementary Statistics",
        "isbn": "0321836960, 978-0321836960",
        "edition": "12th Edition",
        "authors": "Mario F. Triola",
        "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/450.jpg",
        "uri": "\/textbooks\/elementary-statistics-12th-edition-450",
        "see_more_uri": ""
    },
    "free_related_book": {
        "isbn": "0122192540",
        "uri": "\/textbooks\/an-historical-geography-of-england-and-wales-2rev-edition-978-0122192548-277178",
        "name": "An Historical Geography Of England And Wales",
        "edition": "2rev Edition"
    },
    "question_posted": "2024-06-28 06:35:30",
    "see_more_questions_link": "\/study-help\/questions\/business-economics-2023-September-08",
    "step_by_step_answer": "The Answer is in the image, click to view ...",
    "students_also_viewed": [
        {
            "url": "\/after-being-in-business-for-six-years-graham-mason-owner",
            "description": "After being in business for six years, Graham Mason, owner of a small retail store, is considering buying a new information system that would provide him with better operating and financial...",
            "stars": 3
        },
        {
            "url": "\/study-help\/psychology\/what-is-collectivism-and-how-is-it-different-from-individualism-1982748",
            "description": "What is collectivism, and how is it different from individualism?",
            "stars": 3
        },
        {
            "url": "\/a-survey-indicates-that-the-vast-majority-of-college-students",
            "description": "A survey indicates that the vast majority of college students own their own personal computers. What information would you want to know before you accepted the results of this survey?",
            "stars": 3
        },
        {
            "url": "\/study-help\/questions\/kingbird-inc-engaged-in-the-following-cash-transactions-during-2017-9860990",
            "description": "Kingbird Inc. engaged in the following cash transactions during 2017. Purchase of land Purchase of treasury stock Issuance of preferred stock Sale of land and buildings Payment of cash dividends...",
            "stars": 3
        },
        {
            "url": "\/study-help\/questions\/ricky-s-piano-rebuilding-company-has-been-operating-for-one-6294478",
            "description": "Ricky s Piano Rebuilding Company has been operating for one year. On January 1 , at the start of its second year, its income statement accounts had zero balances and its balance sheet account...",
            "stars": 3
        },
        {
            "url": "\/study-help\/questions\/for-the-following-fact-pattern-discuss-padmas-liability-to-vidal-2918343",
            "description": "For the following fact pattern, discuss Padma's liability to Vidal, if any, for any intentional torts. Padma hates Vidal. One day Padma sees Vidal riding his horse on the bridle path. Padma runs up...",
            "stars": 3
        },
        {
            "url": "\/study-help\/questions\/in-the-same-way-that-classical-economic-theory-models-false-2911262",
            "description": "In the same way that classical economic theory models false assumptions about rational man, the CSR and sustainability debate, for the most part, models equally false assumptions about ______ man....",
            "stars": 3
        },
        {
            "url": "\/study-help\/questions\/jeffrey-was-54-years-old-when-he-was-hired-as-2894900",
            "description": "Jeffrey was 54 years old when he was hired as a disc jockey by Luke. Two years later, as Luke's business was failing, Jeffrey was laid off by Luke. Jeffrey learns that a few weeks after he left, he...",
            "stars": 3
        },
        {
            "url": "\/study-help\/questions\/the-brief-3minute-read-introduces-us-to-the-korean-understanding-1403686",
            "description": "The brief 3-minute read introduces us to the Korean understanding of \"Maum\" (Mind). The reading is offered to stimulate thoughts and discussion on how culture impacts the creation of culture-specific...",
            "stars": 3
        }
    ],
    "next_back_navigation": {
        "previous": "\/study-help\/questions\/liabilities-in-excess-of-basis-barbara-transfers-10000-cash-and-4253564",
        "next": "\/study-help\/questions\/this-14-years-old-boy-is-seen-in-the-emergency-4253566"
    },
    "breadcrumbs": [
        {
            "name": "Study help",
            "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers"
        },
        {
            "name": "Business",
            "link": "https:\/\/www.solutioninn.com\/study-help\/questions-and-answers\/business"
        },
        {
            "name": "Accounting",
            "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/business-accounting"
        },
        {
            "name": "B.I.G. Corporation sold a plot of undeveloped land to SubCo this year",
            "link": "https:\/\/www.solutioninn.com\/study-help\/questions\/big-corporation-sold-a-plot-of-undeveloped-land-to-subco-4253565"
        }
    ],
    "skill_details": {
        "skill_id": "9",
        "skill_name": "Accounting",
        "parent_id": "1"
    }
}}
}