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D Required information Problem 19-64 (LO 19-5) (Algo) The following information applies to the questions displayed below) Jefferson Minery Incorporated (MI) decided to liquidate its

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D Required information Problem 19-64 (LO 19-5) (Algo) The following information applies to the questions displayed below) Jefferson Minery Incorporated (MI) decided to liquidate its wholly owned subsidiary, 8 Miles High incorporated (SMH SMH had the following tax accounting balance sheet (Negative amount should be indicated by a minus sign. Leave no answer blank. Enter zero if applicable) Adjusted Tax TH Appreciation Cash 1 151,00 $361.000 Building 84,000 16.500 47,500 Land 190.000 116.00 DS Total $120.000 Problem 19-64 Part b (Algo) b. What amount of gain or loss does Mirecognize in the corretation recognized

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