Question: chapter 10 v2 6 Saved Help Save & Exit Sbmit 9 Required information Problem 10-45 (LO 10-1) [The following information applies to the questions displayed

 chapter 10 v2 6 Saved Help Save & Exit Sbmit 9

chapter 10 v2 6 Saved Help Save & Exit Sbmit 9 Required information Problem 10-45 (LO 10-1) [The following information applies to the questions displayed below. Part 1 of3 Wanting to finalize a sale before year-end, on December 29, WR Outfitters sold to Bob a warehouse and the land for $125,000 The appraised fair market value of the warehouse was $75,000 and the appraised value of the land was $100,000. (Do not round intermediate calculations. Round your answers to the nearest whole dollar amount.) 0.47 points References Problem 10-45 Part a a. What is Bob's basis in the warehouse and in the land? Bob's Basis Warehouse Land Mc Graw Hill KPrev 9 10 11 of 21 Next >

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