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Each problem worth 15 Points Show all your calculations T/F MC each question worth 1...

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Accounting

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Each problem worth 15 Points Show all your calculations T/F MC each question worth 1 pont Mark and Jain form X corporation with the following consideration: Consideration Transferred Basis to FMV Number of Shares Transferor Received From Mark Cash Installment Obligation 40,000 140,000 40,000 260,000 30 From Jain Services 30.000 DE Each problem worth 15 Points Show all your calculations T/F MC each question worth 1 pont Mark and Jain form X corporation with the following consideration: Consideration Transferred Basis to FMV Number of Shares Transferor Received From Mark Cash Installment Obligation 40,000 140,000 40,000 260,000 30 From Jain Services 30.000 DE

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