please do not answer if you do not know. ive had way to many folks get the answer wrong. i know #2 is NOT B Because of this and have already failed once from people answering questions they do not know the answer to. and please dont say to contact you if its wrong or i need help and then post anonymously because i cant. i have wasted the majority of my questions to get weong answers so if someone can please help me out with double questions.

hone New Dup Question 1 of 15. Janeen purchased a business for $120,000. She received a building with a fait market value (FMV) of $80,000, tand with an FMV of $10,000, and furniture and fixtures with an FMV of $30,000. She spent $10,000 on lagal fees to make the purchase. What is Janeen's basis in these items? $80,000 building, $10,000 land, $30,000 furniture and foxtures $82.500 building: $12.500 land, $35,000 furniture and foctures. 586,667 building: 510,833 land, $32,500 furniture and fixtures $88,750 building. $11,250 land, $30,000 furniture and fodtures. Doon Mark for follow up Not B Question 2 of 15. Sergio sold a residential rental building for a gain of $20,000. He had originally purchased the building and placed it in service in March 2016 (for simplicity, the sale of land is not included in this question). The amount of depreciation allowed or allowable was $14.176. There were no other adjustments to the basis of the property, and Serglo did not sell any other property during the tax year. What is the amount and nature of Sergio's gain? O $5,825 gain taxed as a long-term capital gain, and $14,175 gain taxed at a maximum of 25% $5,825 gain taxed at a maximum of 25%, and $14.175 gain taxed as a long-term capital gain, $20,000 gain taxed as a long-term capital gain $20,000 gain and at a maximum of 25% Mark for follow up