Ferris, an individual taxpayer, received $15,000 cash and property valued at $30,000 in a complete liquidation of his holdings in Bowler Corp. Ferris' basis in Bowler stock was $1,000 and Bowler's basis in the property was $10,000. What is Ferris' gain or loss realized and recognized on the exchange of stock for Bowler assets and what is his basis in the non-cash property received

In canada, the reference base period for the cpi is 2002. by 2012, prices had risen by 21.6 percent since the base period. the inflation rate in canada in 2013 was 1.1 percent. calculate the cpi in canada in 2013. hint: use the information that “prices had risen by 21.6 percent since the base period” to find the cpi in 2012. use the inflation rate formula (inflation is the growth rate of the cpi) to find cpi in 2013, knowing the cpi in 2012 and the inflation rate. the cpi in canada in 2013 is round up your answer to the first decimal. 122.9 130.7 119.6 110.5