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TRUE/FALSE. 42. Jerry and Ann form ABC Corporation. Jerry contributes services of $30,000 along with property with a basis of $10,000 and a FMV of

TRUE/FALSE. 42. Jerry and Ann form ABC Corporation. Jerry contributes services of $30,000 along with property with a basis of $10,000 and a FMV of $25,000 in return for 30% of the stock in ABC corpora...

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