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Required: a. What amount of gain or loss does MH recognize in the complete liquidation? b. What amount of gain or loss does JMl recognize

Required: a. What amount of gain or loss does MH recognize in the complete liquidation? b. What amount of gain or loss does JMl recognize in the complete liquidation? c. What is JMi's adjusted tax basis in the building and land after the complete liquidation Complete this question by entering your answers in the tabs below. What is JMI's adjusted tax basis in the building and land after the complete liquidation

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