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. Jocelyn contributes land with a basis of $30,500 and fair market value of $45,750 and inventory with a basis of $24,400 and fair market

. Jocelyn contributes land with a basis of $30,500 and fair market value of $45,750 and inventory with a basis of $24,400 and fair market value of $36,600 in exchange for 100% of Zion Corporation st...

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