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m transferred a car with adjusted basis of 10000 to Q corp in exchange for 12500 cash & 90% of q's stock (valued at 14000).
m transferred a car with adjusted basis of 10000 to Q corp in exchange for 12500 cash & 90% of q's stock (valued at 14000). what is m's recognized gain
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Governmental Accounting Auditing And Financial Reporting
Authors: Michele Mark Levine, Todd Buikema
10th Edition
0891250107, 978-0891250104
