The stock of loon corporation is held as follows: 85% by duck corporation and 15% by gerald, an individual. loon corporation is liquidated in december of the current year, pursuant to a plan adopted earlier in the year. loon corporation distributes land with a basis of $350,000 and fair market value of $390,000 to gerald in liquidation of his stock interest. gerald had a basis of $200,000 in his loon stock. how much gain will loon corporation recognize in this liquidating distribution?

a. $0
b. $40,000
c. $190,000
d. $390,000

Quick calculate the roi dollar amount and percentage for these example investments. a. you invest $50 in a government bond that says you can redeem it a year later for $55. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage. b. you invest $200 in stocks and sell them one year later for $230. use the instructions in lesson 3 to calculate the roi dollar amount and percentage. (3.0 points) tip: subtract the initial investment from the total return to get the roi dollar amount. then divide the roi dollar amount by the initial investment, and multiply that number by 100 to get the percentage.