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Yukon, Incorporated exchanged realty with a $230,000 adjusted basis for like-kind realty with a $200,000 FMV and $5,000 cash. How much loss may Yukon recognize?

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Yukon, Incorporated exchanged realty with a $230,000 adjusted basis for like-kind realty with a $200,000 FMV and $5,000 cash. How much loss may Yukon recognize? Multiple Choice $5,000 $25,000 $0 $30,000

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