Question: In 2 0 2 3 , JB Corp closed many of its factories, and Cathlene lost her job. Without her former salary, she is unable

In 2023, JB Corp closed many of its factories, and Cathlene lost her job. Without her former salary, she is unable to pay many of her monthly
with her mortgage lender to get a decrease in her mortgage to $160,000. The fair market value at the time of the mortgage reduction is $29
a. $290,000
b. $200,000
c. $250,000
d. $50,000
In 2023, JB Corp closed many of its factories, and Cathlene

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