Kole Owns a Warehouse Used in His Business Which Has

question 61

Multiple Choice

Kole owns a warehouse used in his business which has an adjusted basis of $240,000 and is subject to a mortgage with an $80,000 principal balance.Kole exchanges the warehouse for land worth $320,000.In addition,he receives cash of $40,000,and the other party will assume the mortgage.What is Kole's realized gain?

• A)$120,000
• B)$80,000
• C)$200,000
• D)$190,000

Understand the reactivity trends and mechanisms of carboxylic acid derivatives in nucleophilic acyl substitutions.

Interpret S1U1P11S1S1P0H NMR spectra to distinguish between similar organic compounds.

Identify the effect of reaction conditions on the outcomes of organic reactions.

Describe the mechanisms of esterification and transesterification processes.