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What is tims recognized gain

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Question - During the current year, Tim sells his personal use truck for $8000(adjustment basis $7000) and Exxos stock for $20,000 (adjusted basis of $10000). What is Tim's recognized gain?

a. $11,000

b. $10,000

c. $8,000

d. $1,000

Reference no: EM132558264

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