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Wanting to finalize a sale before year-end, on December 29, WR Outfitters sold to Bob a warehouse and the land for $195,000. The appraised fair

Wanting to finalize a sale before year-end, on December 29, WR Outfitters sold to Bob a warehouse and the land for $195,000. The appraised fair market value of the warehouse was $115,500, and the appraised value of the land was $130,500. (Do not round intermediate calculations. Round your answers to the nearest dollar amount.)

a.

What is Bob

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