David Owns 600 Shares of K Corporation Stock When K

question 23

Multiple Choice

David owns 600 shares of K Corporation stock when K is merged into Parent Corporation.David receives 500 shares of Parent Corporation stock (fair market value = $10,500) and $500 cash in exchange for his K Corporation stock.David's K stock had a basis of $8,000 and an $11,000 fair market value.What is David's realized and recognized gain,respectively?

• A)$3,000 and $3,000
• B) $3,000 and $2,500
• C)$2,500 and zero
• D)$2,500 and $500
• E)$3,000 and $500

Evaluate methods and challenges in personality assessment and research.

Understand the role and techniques of chest physiotherapy in loosening retained airway secretions.

Identify the indications and contraindications for the use of high-frequency chest wall oscillation (HFCWO), Acapella, and other devices in pulmonary care.

Recognize the anatomy and physiology of the tracheobronchial tree, including the function of cilia and mucus in airway clearance.

---

Definitions:

Coronary Artery

A vital artery that supplies blood to the heart muscle, essential for providing oxygen and nutrients.

Pulmonary Trunk

The primary artery responsible for transporting blood from the heart's right ventricle to the lungs to receive oxygen.

Right Ventricle

The chamber of the heart that pumps oxygen-depleted blood to the lungs for oxygenation, part of the pulmonary circulation.

Pulmonary Arteries

Blood vessels that carry deoxygenated blood from the heart to the lungs for oxygenation.