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Business, 05.09.2019 01:20 ivan2076

Knb sold real property to firm p for $15,000 cash and firm p’s assumption of the $85,000 mortgage on the property.(a) what is knb's amount to realized on sale(b) compute knb's after tax cash flow from the sale if its adjusted basis in the real property is $40,000, and its marginal tax rate is 34%.

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