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Question 23 (1 point) Saved Latisha bought a grand piano for $10,000 for her own personal use and sold it several years later when the
Question 23 (1 point) Saved Latisha bought a grand piano for $10,000 for her own personal use and sold it several years later when the FMV was $11,000. Which of the following is not true If she sold it to her sister for $12,000, she will have a taxable capital gain of $1,000. If she sold it to her sister for $9,500, she will have an allowable capital loss of $250. If she sold it to her sister for $10,000, she will not have a taxable capital gain. If she sold it to her sister for $11,000, she will have a taxable capital gain of $500. Question 24 (1 noint) BI
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