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Hi can i get help with you please? Jose purchased a delivery van for his business through an online auction. His winning bid for the

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Jose purchased a delivery van for his business through an online auction. His winning bid for the van was $48,250. In addition, Jose incurred the following expenses before using the van: shipping costs of $1,510; paint to match the other fleet vehicles at a cost of $1,570; registration costs of $5,069, which included $4,800 of sales tax and an annual registration fee of $269; wash and detailing for $139; and an engine tune-up for $344. What is Jose's cost basis for the delivery van? Cost basis Dennis contributed business assets to a new business in exchange for stock in the company. The exchange did not qualify as a tax- deferred exchange. The fair market value of these assets was $377,000 on the contribution date. Dennis's original basis in the assets he contributed was $228,000, and the accumulated depreciation on the assets was $88,000. a. What is the business's basis in the assets it received from Dennis? b. What would be the business's basis if the transaction qualified as a tax-deferred exchange? a. Business's basis. $ 377,000 b. Business's basis. The allowing information applies to the questions displayed below.] Wanting to finalize a sale before year-end, on December 29, WR Outfitters sold to Bob a warehouse and the land for $189,000. The appraised fair market value of the warehouse was $126,000, and the appraised value of the land was $149,250. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) Problem 10-45 Part a (Algo) a. What is Bob's basis in the warehouse and in the land? Bob's Basis Warehouse Land to the questions displayed below. Wanting to finalize a sale before year-end, on December 29, WR Outfitters sold to Bob a warehouse and the land for $189,000. The appraised fair market value of the warehouse was $126,000, and the appraised value of the land was $149,250. (Do not round intermediate calculations. Round your final answers to the nearest whole dollar amount.) Problem 10-45 Part b (Algo) b. What would be Bob's basis in the warehouse and in the land if the appraised value of the warehouse was $101,000, and the appraised value of the land was $189,000? Bob's Basis Warehouse Land

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