n t st Question 12 of 5Q. What is the basis in the installment obligation,...

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n t st Question 12 of 5Q. What is the basis in the installment obligation, originally reported in full in the year of sale, when the FMV of the obligation at the time of the original sale was $7,500, the buyer made four payments of $500, and the costs of repossession were $200? ve $5,300 o $5,500 $5,700 $7,500

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