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Times New Rom 11 - A A A A BIU dbx, * A-D-A- E ALT EE E- AaBbCal Heading 2 ter Font Paragraph Due Wednesday April 8, 2020 by midnight. Problem 1 - 5 questions x 5 points = 25 points Mrs., single, owns her principal residence in New Hampshire (Ac this house for the past 5 years. On May 1, 2020 a flood comp received $900,000 from her insurance company to rebuild or replacement home. 1. What is the realized gain? 2. What is the excess gain? 3. How much needs to be reinvested in order to exclude the 4. How much gain must she recognize if she invests only $6 5. How much gain must she recognize if she invests only $2 Problem 2-8 questions x 5 points = 40 points Tom and Jerry create a partnership and are equal partners. words English (United States) De here to search Ofte - @ L2 Times New Rom 11 - A A A A BIU dbx, * A-D-A- E ALT EE E- AaBbCal Heading 2 ter Font Paragraph Due Wednesday April 8, 2020 by midnight. Problem 1 - 5 questions x 5 points = 25 points Mrs., single, owns her principal residence in New Hampshire (Ac this house for the past 5 years. On May 1, 2020 a flood comp received $900,000 from her insurance company to rebuild or replacement home. 1. What is the realized gain? 2. What is the excess gain? 3. How much needs to be reinvested in order to exclude the 4. How much gain must she recognize if she invests only $6 5. How much gain must she recognize if she invests only $2 Problem 2-8 questions x 5 points = 40 points Tom and Jerry create a partnership and are equal partners. words English (United States) De here to search Ofte - @ L2

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