Kong originally sold his home for $96,000. At that time, his adjusted basis in the home was $99,000. Five years later, he repossessed the home when the balance of the note was $91,000. He resold it within one year for $105,000. Original sale expenses were $1,250, and resale expenses were $1,550. Repossession costs were $3,000. He incurred $1,000 for improvements prior to the resale. What is Kong's recomputed gain?

How can an environmental law affect a business

Question 1: for those students who do not take traffic school, which of the following is true? . they are 75% more likely to get a traffic ticket, 24% more likely to be involved in an accident, and 16% more likely to have an accident! . they are 10% more likely to get a traffic ticket, 24% more likely to be involved in an accident, and 75% more likely to have an accident - they are 5% more likely to get a traffic ticket, 75% more likely to be involved in an accident, and 16% more likely to have an accident - they are 50% more likely to get a traffic ticket, 5% more likely to be involved in an accident, and 24% more likely to have an accident

Criminalnology is an empirical science which encompasses the following areas of study