In September of 2017,Michelle Sold Shares of Qualified Small Business

question 98

Multiple Choice

In September of 2017,Michelle sold shares of qualified small business stock for $1,000,000 that had a basis of $200,000.She had held the stock for 17 months.Forty-five days after the sale she purchased other qualified small business stock for $1,100,000.How much of the gain will she recognize?

• A)$ 0
• B)$100,000
• C)$800,000
• D)$900,000

---

Definitions:

Computerized Axial Tomography

A medical imaging technique that uses a series of X-ray measurements taken from different angles to produce cross-sectional images of specific areas of a scanned object, allowing the doctor to see inside the object without cutting.

Brain Imaging

comprises techniques and processes used to create visual representations of the brain's structure and function, aiding in diagnosis and treatment of neurological conditions.

Three-dimensional Image

An image that possesses the depth, height, and width dimensions, providing a representation of objects in three dimensions.

Natural Selection

The concept that holds that adaptive genetic variations among members of a species enable individuals with those variations to survive and reproduce.