Question: Daphne sold land this year for $ 5 0 , 0 0 0 . She received $ 1 0 , 0 0 0 this year
Daphne sold land this year for $ She received $ this year and the balance is payable in installments over the next five years. Daphne is considering electing out of the installment treatment and, instead, recognizing all of the gain this year. Why might she want to do that?
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