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QUESTION 8 ( CHAPTER 1 9 ) Please complete the following table: table [ [ , table [ [ Taxable Income ] ,

QUESTION 8(CHAPTER 19)
Please complete the following table:
\table[[,\table[[Taxable Income],[Increase],[(Decrease)]],\table[[Adjustment to],[Taxable],[Income to get],[to E&P]]],[\table[[a. Installment sale of property for $90,000(adjusted],[basis of $60,000) in 2023. Taxpayer receives three],[$30,000 payments: one in the year of sale (2023), one],[in 2024, and one in 2025.]],,],[\table[[b. Impact of the sale from part (a) in 2024.],[c. $50,000 interest from City of San Francisco bonds]],,]]
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