Rebecca holds 100 shares of Gotchas stock that she purchased for $4,300 several years ago....
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Rebecca holds shares of Gotchas stock that she purchased for $ several years ago. In a merger of Gotchas into Solis, Inc., Rebecca exchanges her Gotchas shares for Solis shares and $ Gotchas is valued at $ per share and Solis at $ per share. a What is Rebecca's realized and recognized gainloss from the reorganization? The exchange of Rebecca's stock income tax consequences for Gotchas or Solis. b What is Rebecca's basis in her Solis stock? 
Rebecca holds shares of Gotchas stock that she purchased for $ several years ago. In a merger of Gotchas into Solis, Inc.,
Rebecca exchanges her Gotchas shares for Solis shares and $ Gotchas is valued at $ per share and Solis at $
per share.
a What is Rebecca's realized and recognized gainloss from the reorganization?
The exchange of Rebecca's stock
income tax consequences for Gotchas or Solis.
b What is Rebecca's basis in her Solis stock?
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