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M acquired a home in 2013 for $410.000 and a cottage in 2017 for $350.000. In 2020 M sold the home for $950.000 and the cotta

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Answer #1

Answer:

PArticulars Amount
Sales Value (950,000+750,000) $1700,000
Less: Cost (410,000+350,000) -$760,000
Net Gain $940,000
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