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Question 9 of 75. The potential cancellation of debt income when recourse debt of $60,000 on property with a fair market value of $48,000 is

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Question 9 of 75. The potential cancellation of debt income when recourse debt of $60,000 on property with a fair market value of $48,000 is canceled is SO $12,000 $48.000 $60,000 Mark for follow up

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