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for $100,000. final answer to the nearest whole dollar.) The amount of interest income on the sale that Ashli must report is Requirements a. How
for $100,000. final answer to the nearest whole dollar.) The amount of interest income on the sale that Ashli must report is Requirements a. How much interest income must be reported by Ashli on the sale? Assume a 4% rate compounded semiannually. The present value factor is 0.85349 . b. In what year is the interest reported? c. How much gain is reported by Ashli on the sale? d. In what year is the gain reported? e. What is Bentley's basis in the land? for $100,000. final answer to the nearest whole dollar.) The amount of interest income on the sale that Ashli must report is Requirements a. How much interest income must be reported by Ashli on the sale? Assume a 4% rate compounded semiannually. The present value factor is 0.85349 . b. In what year is the interest reported? c. How much gain is reported by Ashli on the sale? d. In what year is the gain reported? e. What is Bentley's basis in the land
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