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Jason's business warehouse is destroyed by fire. As the insurance proceeds exceed the basis of the property, a gain results. If Jason immediately reinvests the

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Jason's business warehouse is destroyed by fire. As the insurance proceeds exceed the basis of the property, a gain results. If Jason immediately reinvests the proceeds in a new warehouse, no gain is recognized due to the application of A) Social considerations B) Wherewithal to pay concept C) Economic considerations D) Administrative feasibility

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