AC 450 - Week 7

# AC 450 Week 7 - Chapter14 Problem31 a b c d :31&33.:32 DARN IARN IABP DABP e f g DABP IABP IABN Problem33 a b c Chapter15 Problem32 a b

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Chapter 14 Problem 31 a. DARN e. DABP b. IARN f. IABP c. IABP g. IABN d. DABP Problem 33 a. Realized loss of \$12,500 (\$45,000 - \$32,500) b. Recognized loss \$12,500 (\$45,000 - \$32,500) c. Recognized and realized loss \$12,500 (\$45,000 - \$32,500) Chapter 15 Problem 32 a. Realized gain of :  \$2,000  This is the lesser amount of the boot  b. New Basis: Old Adj Basis Gain Recognized Boot Received  \$4,000   \$2,000   \$2,000  Problem 53 a.    Recognized Gain New residence - Adjusted basis =

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## This note was uploaded on 04/17/2010 for the course AC 290 taught by Professor Don'trecall during the Fall '09 term at Regis University.

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AC 450 Week 7 - Chapter14 Problem31 a b c d :31&33.:32 DARN IARN IABP DABP e f g DABP IABP IABN Problem33 a b c Chapter15 Problem32 a b

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