The stock of Quail Corporation is held as follows: 85% by Pheasant Corporation and 15% by Gisela, an individual. Quail Corporation is liquidated in December of the current year pursuant to a plan adopted earlier in the year. At the time of its liquidation, Quail Corporation has assets with a basis of $730,000 and fair market value of $1,000,000. Quail Corporation distributes the property pro rata to Pheasant Corporation and to Gisela.

If an amount is zero or there is no gain or loss, enter "0".

a. What is Quail’s recognized gain or loss on the distribution of property to Pheasant?
Because the liquidation of Quail is a parent-subsidiary liquidation, Quail recognizes no gain or loss of $ 0 on liquidating distributions to Pheasant.

b. What is Quail’s recognized gain or loss on the distribution of property to Gisela?
Because Gisela is a minority shareholder , Quail recognizes a gain of $ on the distribution of property to Gisela.

Suppose that jim plans to borrow money for an education at texas a& m university. jim will need to borrow $25,000 at the end of each year for the next five years (total=$125,000). jim wishes his parents could pay for his education but they can’t. at least, he qualifies for government loans with a reduced interest rate while he is in school. he has a special arrangement with aggiebank to lend him the money at a subsidized rate of 1% over five years without having to make a payment until the end of the fifth year. however, at the end of the fifth year, jim agrees to pay off the loan by borrowing from longhorn bank. longhorn bank will lend him the money he needs at an annual interest rate of 6%. jim agrees to pay back the longhorn bank with 20 annual payments and the payments will be uniform (equal annual payments including principal and interest). (i) calculate how much money jim has to borrow at the end of 5 years to pay off the loan with aggiebank. a. $121,336 b. $127,525 c. $125,000 d. $102,020 e. none of the above

During the holiday season, maria's department store works with a contracted employment agency to bring extra workers on board to handle overflow business, and extra duties such as wrapping presents. maria's is using during these rush times.

In this multi-channel funnel report, which two channels have the highest overlap and would benefit from coordinated marketing messaging?