Mathematics, 25.06.2021 04:00, silasjob09

George sold a piece of land for $18,000 he inherited from his father last year. His father purchased the land for $8,000 in 2002. The land had a FMV of $16,500 at the time of his dad’s
death. George also sold a gold watch for $3,000 he received from his father as a gift. The
watch has been in the family for generations. George had the watch appraised, and it was
valued at $2,500 when his father died. George does not have any information as to how much
was originally paid for the watch. What would be the amount of George’s total capital gain?

Answers: 1

Show answers

Other questions on the subject: Mathematics

Mathematics, 21.06.2019 23:00, kezin

Ineed to know the ordered pairs for this equation i need the answer quick because it’s a timed test

Answers: 1

continue

Mathematics, 22.06.2019 00:50, latraviacox12

Adolphin is swimming with her friend. the dolphin jumps to a height of 4.54.54, point, 5 meters above the surface of the water as her friend swims 9.89.89, point, 8 meters directly below her. what is the position of the dolphin's friend relative to the surface of the water? meters

Answers: 2

continue

Mathematics, 22.06.2019 05:00, Dallas6797

Atailor in a suit shop should understand relative lengths to measurement units. which unit of measurement would normally be used to measure fabric

Answers: 3

continue

Mathematics, 22.06.2019 08:00, kolbehoneyman

In the year 2005, the enrollment at lincoln community college (lcc) was 3100 students. in 2007, the enrollment was 3350 students. if lcc's enrollment continues to increase at the same rate, hiw many students will be enrolled at lcc in 2013?

Answers: 1

continue

Do you know the correct answer?

George sold a piece of land for $18,000 he inherited from his father last year. His father purchase...