a. Assuming Bourne reported $50,000 of nonrecaptured net 1231 losses during years 15, what amount...
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a. Assuming Bourne reported $50,000 of nonrecaptured net 1231 losses during years 15, what amount of Bournes net 1231 gain for year 6, if any, is treated as ordinary income? b. Assuming Bournes nonrecaptured net 1231 losses from years 15 were $200,000, what amount of Bournes net 1231 gain for year 6, if any, is treated as ordinary income?
Homework .CH 11 Swed Help Save & ERR Submit Check my work 00 8 Part 1 of 2 Required information The following information applies to the questions displayed below) Bourne Guitars, a corporation, reported a $157,000 net 61231 gain for year 6 1 points 5kpoed a. Assuming Bourne reported $50,000 of nonrecaptured net 51231 losses during years 1-5, what amount of Bourne's net 51231 gain for year 6. If any, is treated as ordinary income? eller Bourne's gan treated as ordinary income Check my work of 2 Required information The following information applies to the questions displayed below) Bourne Guitars, a corporation, reported a $157,000 net $1231 gain for year 6. Sed b. Assuming Bourne's nonrecaptured net $1231 losses from years 1-5 were $200.000, what amount of Bourne's net 51231 gain for year 6, if any, is treated as ordinary income? Boume's gain treated as ordinary income
a. Assuming Bourne reported $50,000 of nonrecaptured net 1231 losses during years 15, what amount of Bournes net 1231 gain for year 6, if any, is treated as ordinary income?
b. Assuming Bournes nonrecaptured net 1231 losses from years 15 were $200,000, what amount of Bournes net 1231 gain for year 6, if any, is treated as ordinary income?


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