there are 5 accounting questions. Please help. only 30 minutes to answer them

QUESTION 1 1. Angela owned the following lots of Azure Corporation stock. No. of Shares October 1, 2009100 February 8, 100 2010 September 5, 200 2010 Purchase Date: Basis $2,500 $3,500 $7,000 On October 12, 2015, 200 shares of stock were sold for $12,000. Angela did not specifically identify the shares of stock sold. What is the recognized gain or loss? a . $0. b . $5,00 0. c . $5,50 0. d . $6,00 0. 20 points QUESTION 2 1. Evita gives her brother stock with a basis in her hands of $60,000 and a fair market value of $55,000. No gift tax is paid. Her brother subsequently sells the stock for $53,000. What is his recognized gain or loss? a $0. . b ($2,00 . 0). c ($5,00 . 0). d ($7,00 . 0). 20 points QUESTION 3 1. Elijah purchases a business for $900,000. The fair market value of the assets of the business are as follows: o Equipment o Building $500,000 300,000 What is Elijah's cost basis in each asset? a $500,000 . goodwill. b $550,000 . goodwill. c $500,000 . $100,000 d $562,500 . goodwill. equipment, $300,000 building, $0 equipment, $350,000 building, $0 equipment, $300,000 building, goodwill. equipment, $337,500 building, $0 20 points QUESTION 4 1. Jeffrey purchased a tract of land for $300,000 in 2010 when he heard that a new highway was going to be constructed through the property and that the land would soon be worth $500,000. Highway engineers surveyed the property and indicated that he would probably get $400,000. The highway project was abandoned in 2015 and the value of the land fell to $200,000. What is the amount of loss Jeffrey can claim in 2015? a . $0. b . $100,0 00. c . $200,0 00. d . $300,0 00. 20 points QUESTION 5 1. Sandy gives her sister a machine to use in her business with a fair market value of $10,500 and a basis in Sandy's hands of $12,500. What is the sister's basis for depreciation (cost recovery)? a $0. . b $10,50 . 0. c $11,50 . 0. d $12,50 . 0