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show work Pinky is giving up a building (AB 100, FV 105). He receives a building (AB to original owner 85, FV 93) and stock
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Pinky is giving up a building (AB 100, FV 105). He receives a building (AB to original owner 85, FV 93) and stock investments (AB to original owner 7, FV 12) Question 28 (1 point) Listen In this exchange, the amount realized is A, and the total realized gain or loss (place parentheses around your answer if there is a realized loss) is Question 29 (0.75 points) Listen The total recognized gain or loss amount (place parentheses around your answer if there is a recognized loss) is Question 30 (0.0001 points) Listen The adjusted basis in the building received is 4 Pinky is giving up a building (AB 100, FV 105). He receives a building (AB to original owner 85, FV 93) and stock investments (AB to original owner 7, FV 12) Question 28 (1 point) Listen In this exchange, the amount realized is A, and the total realized gain or loss (place parentheses around your answer if there is a realized loss) is Question 29 (0.75 points) Listen The total recognized gain or loss amount (place parentheses around your answer if there is a recognized loss) is Question 30 (0.0001 points) Listen The adjusted basis in the building received is 4 Step by Step Solution
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