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How would your answers to Parts a and b change if the assets were instead distributed to in exchange for his stock and then proceeded

How would your answers to Parts a and b change if the assets were instead distributed to in exchange for his stock and then proceeded to sell the assets for the prices indicated above?How would your answers to Parts a and b change if the assets were instead distributed to in exchange for his stock and then proceeded to sell the assets for the prices indicated above?

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