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Business, 14.07.2019 14:00 lealaslee858

Hosha exchanges all of her leaf stock for petal stock plus $5,000 cash. the exchange is pursuant to a tax-free reorganization. hosha paid $25,000 for the leaf stock five years ago. the petal stock received by hosha has an $18,000 fair market value. if an amount is zero, enter "0". a. what is hosha's realized and recognized gain/loss from the reorganization

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