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Bigelows uncle dies and leaves him 100 shares of Crypto Corp that are worth $100,000 on the date of the uncles death. Assume the Alternate
- Bigelows uncle dies and leaves him 100 shares of Crypto Corp that are worth $100,000 on the date of the uncles death. Assume the Alternate Valuation Value is not used by the executor. Bigelow immediately sells the stock for $103,000. How much is Bigelows recognized gain or loss?
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