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. Company B and Firm W exchanged the following business real estate: Blackacre Whiteacre (exchanged by B) (exchanged by W) FMV $ 439,900 $ 592,

. Company B and Firm W exchanged the following business real estate: Blackacre Whiteacre (exchanged by B) (exchanged by W) FMV $ 439,900 $ 592, 900 Mortgage (109 , 750) (262, 750) Equity $ 329, 250 ...

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