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Sarah acquired 90% of Fast Corporation's shares in exchange for consulting services worth $85,000. The fair market value of Fast Corporation's shares is $93,500. How

Sarah acquired 90% of Fast Corporation's shares in exchange for consulting services worth $85,000. The fair market value of Fast Corporation's shares is $93,500. How much income does Sarah recognize?

A.
$93,500
B.
$76,500
C.
$0
D.
$85,000

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