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Question 6 of 75. Shervin sold a plot of land with a basis of $19,000 on May 1, 2021. to Nima for $28,000. Nima agreed
Question 6 of 75. Shervin sold a plot of land with a basis of $19,000 on May 1, 2021. to Nima for $28,000. Nima agreed to pay $4,000 per year plus interest for the years 2021 through 2027. What is Shervin's taxable gain for 2021 using the installment method? 51.286 51.500 54.000 59.000 O Mark for follow up
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