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Patrick Ho's investment property was condemned. He purchased the property for 210000. He received a net award of 250000 and purchased a replacement property for

Patrick Ho's investment property was condemned. He purchased the property for 210000. He received a net award of 250000 and purchased a replacement property for 301000. What is the amount of gain recognized after the replacement property is purchased?

A. 0

B. 40000

C. 51000

D. 91000

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