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Peter sold a painting in 2015 for $100,000. Peter bought the painting in 2014 for $60,000. Peter received $30,000 in 2015 and is to receive

Peter sold a painting in 2015 for $100,000. Peter bought the painting in 2014 for $60,000. Peter received $30,000 in 2015 and is to receive $15,000 oer year (plus interest) for 2016 through 2019. How much gain must Peter recognize in 2015?

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