Question: Complete this problem calculating the gains and losses for each situation and check the two statements that are true. Group of answer choices The book

Complete this problem calculating the gains and losses for each situation and check the two statements that are true.
Group of answer choices
The book value is $350,000
The book value is $256,288.
The book value is $93,713
If sold at $20k, you have to pay taxes of $25,062. If sold at $99k you get a credit of $1,798.
If sold at $20k, you get a loss credit of $25,062. If sold at $99k you have to pay taxes of $1,798.
If sold at $20k, you have to pay taxes of $73,713. If sold at $99k you get a credit of $5,287.
If sold at $20k, you get a loss credit of $73,713 If sold at $99k you have to pay taxes of $5,287.

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