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This year Dan and Mike purchased realty for $244,750 and took title as equal tenants in common. However, Mike was able to provide only $52,750

This year Dan and Mike purchased realty for $244,750 and took title as equal tenants in common. However, Mike was able to provide only $52,750 of the purchase price and Dan the remaining $192,000.

a-1.

Has Dan made a complete gift to Mike?

	Yes
	No

a-2.

What is the amount of the gift?

Amount

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