G M: mTakaTstFinaIE... x :,_H 2;. ; Q a. I u a u 33 I .4}, 7 X I 1-, https:_fr'hh.uhd.edufwehappsfassessmentftaker'launrh.Jspkourse_assessment_id=_1l37SE_1&(ourse_id=_55067_l&{ontent_id=_13194'.'C'|0'Searth | {y 11} f} E u" E y Remaining Time: 30 minutes, 03 seconds. V Question Completion Status: @ Irue O Faise QUESTION 17 ZWimS Savennswer The Holding Period of property received in a LikeKind Exchange includes the Holding Period of the former asset 1f the property that has been exchanged is a Capital Asset (1e. carryover Holding Period). 0 Faise 0 True QUESTION 13 2poims SaveAnswer During 2015 Ted and Judy, a married couple, decided to sell their residence which had anAdjusted Basis of$162,000. They had owned and occupied the residence for eleven (1 1} years. To make it more attractive to prospective buyers Ted and Judy hadthe residence painted in April 2015 at a cast of $5,000 and paid for the work immediately, They sold the house in May 2015 for $395,000. Broka's commissions and other Selling Expenses ammmted to $24,000. They purchased a new residence 1.1: June 2015 for $350,000. \"That is the Realized Gain"(Not "Recognized Gain")? 0 $395,000. 0 $204,000. 0 $ -0-. 0 $200,000. Click Save and Submit to save and submit. Click SaveAHAnswers to save all answers. Salami Answers ' Save and Submit