Question: 3 0 . 0 % complete Question Taxpayer exchanges a lot used for storage in his business with an adjusted basis of $ 2 2

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Taxpayer exchanges a lot used for storage in his business with an adjusted basis of $22,000 and a fair market value of $30,000 for a garage with a fair market value of $28,000 and a lawnmower whose FMV is $2,000. What is the taxpayers recognized gain?

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