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Question Completion Status: QUESTION 1 2.33 Taxpayer Q paid the following medical costs in Year 3: Back surgery $3,000 Prescription drugs $1,000 Health club dues

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Question Completion Status: QUESTION 1 2.33 Taxpayer Q paid the following medical costs in Year 3: Back surgery $3,000 Prescription drugs $1,000 Health club dues $2.000 Q received medical insurance reimbursement of $500 in Year 4 for some of these Year 3 expenses. What is Q's medical expense deduction in Year 3 before considering any AGI floor limitations? O $4.000 O $6.000 O $5.500 $4,500 $3,500 QUESTION 6 On January 1, Tate sold land to Whitney for $100,000 cash plus a note for $200,000 plus adequate interest with a $30,000 principal payment due in the second year. Tate's basis in the property was $100,000 What is the amount of the gain recognized in the second year under the installment method? $20,000 $30,000 $100,000 $200,000

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