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Rosalie owns 50% of the outstanding stock of Salmon Corporation. In a qualifying stock redemption, Salmon distributes $182,000 to Rosalie in exchange for one-half of
Rosalie owns 50% of the outstanding stock of Salmon Corporation. In a qualifying stock redemption, Salmon distributes $182,000 to Rosalie in exchange for one-half of her shares, which have a basis of $227,500. Compute Rosalie's recognized loss, if any, on the redemption. Rosalie has a $ realized loss of which $ is recognized
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