Red Blossom Corporation transferred its 40 percent interest to Tea Company as part of a complete liquidation of the company. In the exchange, Red Blossom received land with a fair market value of $500,000. The corporation's basis in the Tea Company stock was $300,000. The land had a basis to Tea Company of $600,000. What amount of gain does Red Blossom recognize in the exchange and what is its basis in the land it receives

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Well caramel tastes great with apples.  peanut butter tastes great with apples.  but if i had to choose one, i would say caramel is an important ingredient.  hope this ! -twix

An  associate degree  is an undergraduate academic degree awarded by community colleges, junior colleges, technical colleges, bachelor's degree–granting colleges, and universities upon completion of a course of study usually lasting two years.a  bachelor's  degree  (also baccalaureate, from modern latin baccalaureatus) is usually earned for an undergraduate course of study that normally requires three to five years of study (depending on institution and field of study).