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The amount realized is the sum of: Question 1Select one: A. Cash plus notes received. B. Cash plus the excess of any secured mortgages over
The "amount realized" is the sum of: Question 1Select one: A. Cash plus notes received. B. Cash plus the excess of any secured mortgages over the transferred property's basis. C. Cash received plus debt relief plus the fair market value of property received. D. A and B together
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