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Question 12 of 15 On June 14 of the tax year, Tanya's Sailboat sank off the coast of California due to a terrible storm. The

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Question 12 of 15 On June 14 of the tax year, Tanya's Sailboat sank off the coast of California due to a terrible storm. The fair market value of the sailboat before the casualty was $49.000. She bought the boat ten years earlier for $24.000. Her insurance company reimbursed her $39.000. On December 23 of the tax yea she purchased a smaller sailboat For $28,000. What is her recognized capital gain for the year of the casualty? O $0 $11,000 $15,000 $39,000

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