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Calculator Thelma and Mitch were divorced in 2017. The couple had a joint brokerage $1,000,000. Under the terms of the divorce agreement, Mitch would receive

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Calculator Thelma and Mitch were divorced in 2017. The couple had a joint brokerage $1,000,000. Under the terms of the divorce agreement, Mitch would receive the stocks and Mitch would pay Thelma $ Thelma's death, whichever should occur first. Thelma and Mitch lived apart when the payments were made by account that included stocks with a basis of $600,000 and a fair market value df $100,000 each year for 6 years, or unt Miltch. Mitch paid the $600,000 to Thelma over the agreement did not contain the word "almony". Then, Mitch sold the stocks for $1,300,000. Mitch's recognized gain from the sale is: Oa. $1,000,000 ($1,300,000-$300,000). Ob. $700,000 ($1,300,000-$600,000). Oc. $0. Od. $300,000 ($1,300,000-$1,000,000). Oe. None of these choices are correct

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