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John Barker is a taxpayer with assets of $5,000 and liabilities of $15,000. John seeks a modification of a debt from a creditor. What

John Barker is a taxpayer with assets of $5,000 and liabilities of $15,000. John seeks a modification of a debt from a creditor. What is the maximum amount of debt that can be extinguished before John recognizes income from discharge of indebtedness? DO NOT USE COMMAS OR DOLLAR SIGNS IN YOUR ANSWER!!

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