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tom tanner traded in a printing press with a fmv of 20,000 and adjusted basis of 10,000 for a smaller press with a fmv of
tom tanner traded in a printing press with a fmv of 20,000 and adjusted basis of 10,000 for a smaller press with a fmv of 12,000 and adjusted basis of 5,000 in addition to the smaller press tom received 8,000 in cash what is toms recognized gain 0 8000 4,800 5000 none of the above
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