Calamity corp. distributes five unimproved parcels of swampland to its shareholders as part of a complete liquidation. the fair market value of each parcel is $25,000 and calamity’s adjusted basis in each parcel is $40,000. what amount of gain or loss will calamity corp. recognize as a result of distributing the parcels?

Mr. beautiful, an organization that sells weight training sets, has an ordering cost of $40 for the bb-1 set. (bb-1 stands for body beautiful number 1.) the carrying cost for bb-1 is $5 per set per year. to meet demand, mr. beautiful orders large quantities of bb-1 seven times a year. the stockout cost for bb-1 is estimated to be $50 per set. over the past several years, mr. beautiful has observed the following demand during the lead time for bb-1: demand during lead time probability40 0.150 0.260 0.270 0.280 0.290 0.1total 1.0the reorder point for bb-1 is 60 sets. what level of safety stock should be maintained for bb-1?