Kevin and Nicole Form Indigo Corporation with the Following Transfers

question 84

Multiple Choice

Kevin and Nicole form Indigo Corporation with the following transfers: inventory from Kevin (basis of $360,000 and fair market value of $400,000) and improved real estate from Nicole (basis of $320,000 and fair market value of $375,000) .Nicole,an accountant,agrees to contribute her services (worth $25,000) in organizing Indigo.The corporation's stock is distributed equally to Kevin and Nicole.As a result of these transfers:

• A)Indigo can deduct $25,000 as a business expense.
• B)Nicole has a recognized gain of $55,000 on the transfer of the real estate.
• C)Indigo has a basis of $360,000 in the inventory.
• D)Indigo has a basis of $375,000 in the real estate.
• E)None of the above.

Apply principles of asepsis to break the cycle of infection.

Identify practices to prevent the transmission of infectious diseases.

Understand OSHA regulations and safety protocols for handling biohazardous materials.

Recognize the significance of hand hygiene in preventing infections.

---

Definitions:

Intensity

The degree of strength, power, or force of something, often used in contexts such as physical activity, emotional experiences, or phenomena.

Duration

The length of time that something lasts or continues.

Frequency

The rate at which something occurs or is repeated over a particular period of time or in a given sample.

Isometric

Exercise in which muscle tension occurs without a significant change in muscle length.