Joana sold her stocks receiving in exchange a building with a tax basis of P2300000...
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Joana sold her stocks receiving in exchange a building with a tax basis of P2300000 but with a fair value of P2400000, goods worth P150000, and a P600000 cash.
A. P3,150,000 B. P 3,050,000 C. P 3,000,000 D. P 2,900,000
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