q39

$45,000 QUESTION 39 2 points Matt owns an office building with a $500,000 basis. The building was originally purchased 6 years ago. Susan owns an office building with a $800,000 FMV. Her building was bought 2 years ago. Matt and Susan change buildings and Susan pays Matt $70,000 in cash. What is Matr's recognized gain? $230,000 $370,000 $300,000 $0 SALA $70,000 Click Save and Submit to save and submit. Click Save All Answers to save all answers. O & 9