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Question 33 of 75. Dorothea originally sold her home for $92,000. At that time, her adjusted basis in the home was $95,000. Five years later,

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Question 33 of 75. Dorothea originally sold her home for $92,000. At that time, her adjusted basis in the home was $95,000. Five years later, she repossessed the home when the balance of the note was $87,000. She resold it within one year for $100,000. Original sale expenses were $1,150, and resale expenses were $1,350. Repossession costs were $2,900. She incurred $1,100 for improvements prior to the resale. What is Dorothea's recomputed gain? $600 $1,100 $2,350 $3,500 Mark for follow up Question 34 of 75. Reva originally sold her principal residence in an installment sale for $150,000. Her adjusted basis in the home was $110,000 at that time. Three years later, she repossessed the home from the buyer when the balance of the note was $135,000. She resold it within one year for $160,000. Original sale expenses were $3,750, and resale expenses were $4,000. Repossession costs were $3,800. She incurred $3,200 for improvements prior to the resale. What is Reva's basis in the repossessed property? $113,200 $113,800 O $117.750 $124.750

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