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What are the tax consequences to Jenny associated with the collection of the account receivable? No subsequent collections are expected. a.$3,000 loss b.$7,000 gain c.$13,000

What are the tax consequences to Jenny associated with the collection of the account receivable? No subsequent collections are expected.

a.$3,000 loss

b.$7,000 gain

c.$13,000 loss

d.$2,000 gain

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