Question: Here's the question Question 14 [1 point) Dirk has decided to transfer his equipment to a new corporation using Section 85. The equipment has a

Here's the question Question 14 [1 point) Dirk has decided to

Here's the question

Question 14 [1 point) Dirk has decided to transfer his equipment to a new corporation using Section 85. The equipment has a cost basis of $1,000, a UCC balance of $800, and a fair market value of $1,500. What is the highest amount of non-share consideration (Boot) possible to take back without triggering tax

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