Repossessions and Foreclosures Question 29 of 50 Morgandy originally sold her home for $125.750 when her adjusted basis in the home www . Two years later, she repossessed the home when the balance of the note was $100,000. She resold within one year for 600 sale expenses were $2.750, and resale expenses were $3,000. Repossession costs were 12.476. She 200 for improvements prior to the resale. What is Morgandy's recomputed adjusted basis? O $100.625 O $100,000 O $102.750 O $100,700 Question 32 of 50. Dalip originally sold his home for $100,000. At that time, his adjusted basis in the home was $103,000. Six years later he repossessed the home when the balance of the note was $95,000. He resold it within one year for $109,000. Origin sale expenses were $2,510, and resale expenses were $1,050. Repossession costs were $2,250. He incurred $1,500 improvements prior to the resale. What is Dalip's recomputed gain? O $3,690 $7,700 Question 50 of 50. Vanida and her husband, Ral, have taxable income of $37.269 before calculating the taxable portion of Vanida't security benefits. What is the taxable portion of Vanida's social security benefits of $13,7197 $0 O $6,110 O $6,860 O $13,719 6.210 Mark for follow up Question 33 of 50. When Gregory separated from s nce in an employer nuregory separated from service with his former emplover, he had a $15.000 outstanding balance i n pran loan. He received a total distribution of $25,000 without regard to the loan. The check he receive He did not roll-over any amount to another plan. The taxable portion of Gregory's distribution is the loan. The check he received was for $10,000. O $0 $10,000 $15,000 $25,000 Mark for follow up