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  3. at the time his death, aladdin owned stock as foll

At the time his death, Aladdin owned stock as follows. ...

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Question

Accounting

At the time his death, Aladdin owned stock as follows.

date of death value value six months late
stock in abu corporation $900,000 $800,000
stock in jasmine corporation 700,000 710,000

If the alternate valuation date is properly elected, the value of Aladdin's estate as to these stocks is:

Group of answer choices

$1,595,000

$1,590,000

$1,585,000

$1,580,000

$1,600,000

Answer & Explanation Solved by verified expert
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