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Sansa Stark owned a farm with an adjusted basis of $390,000 which was condemned by the state. She received a $470,000 condemnation award and purchased

Sansa Stark owned a farm with an adjusted basis of $390,000 which was condemned by the state. She received a $470,000 condemnation award and purchased a new farm for $420,000 within one year.

a. What is Sansa's recognized gain?

b. What is Sansa's basis in his new farm?

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