Question: Mode Multiple Choice Question WBG Partnership holds only two assets: Cash of $10,000 and Equipment (placed in service 3 years ago): FMV = $50,000; original

Mode Multiple Choice Question WBG Partnership holds only two assets: Cash of $10,000 and Equipment (placed in service 3 years ago): FMV = $50,000; original cost= $50,000; adjusted basis = $35,000 What amount of WBG's assets are considered hot assets? Multiple choice question. $35,000 $0 $15,000 $10,000

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