Question: Problem 8 - 2 3 ( Algorithmic ) Involuntary Conversions ( LO 8 . 1 2 ) If an amount is zero, enter 0

Problem Algorithmic
Involuntary Conversions LO
If an amount is zero, enter
a Calculate Teresa's recognized gain if she elects to utilize the involuntary conversion provision.
b Calculate Teresa's basis in the new plant.
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