Sandra contributes appreciated property (i. e., adjusted basis of $65,000 and a fair market value of $100,000) to her business entity in a transaction that qualifies for nonrecognition of gain. Sandra's ownership interest is 60 percent. The business entity later sells the appreciated property for $110,000. The property is not depreciable. Which of the following statements is correct?
a. If the entity is an S corporation, the S corporation's gross income is increased by $10,000 in the year of the sale of the property by the S corporation and Sandra's gross income is increased by $6,000 ($10,000 × 60%).

b. If the entity is a C corporation, the corporation's gross income is increased by $10,000 in the year of the sale of the property by the corporation.

c. If the entity is a partnership, Sandra's gross income is increased by $41,000 [($35,000 × 100%) + ($10,000 × 60%)] in the year of the sale of the property by the partnership.

d. All of these choices are correct.

e. None of these choices are correct.

You have learned that there are many ethical concerns surrounding genetic research, and it's important to be familiar with them. for this project, you will write a persuasive essay about an ethical question in biotechnology. directions the goal of a persuasive essay is to convince people to agree with you. it is important to support your opinion with facts. a persuasive essay is not simply a description of your beliefs. be sure to organize your information, give clear examples, and build your argument carefully. read the following genetics topics below. choose a topic and then decide what side you are on. remember that there is no "right" or "wrong" side. ethical questions often have many points of view. research your topic and write a 400 word persuasive essay. topic 1: should insurance companies have the right to learn the genetic profiles of the people they insure? topic 2: should employers have the right to learn the genetic profiles of the people they hire? are there special considerations for employees in jobs in which there is a high risk to others, such as airline pilots, doctors, or bus drivers? topic 3: should scientists who identify genes and create new genetic engineering techniques have the right to patent their methods for their own profit?

Ryan terlecki organized a new internet company, capuniverse, inc. the company specializes in baseball-type caps with logos printed on them. ryan, who is never without a cap, believes that his target market is college and high school students. you have been hired to record the transactions occurring in the first two weeks of operations.

Oimpermeable peaeiremblm: a garment you put on when it's raining. eddepnieent: a sales person. rrgteeaa: to negotiate the price of an article. jcaa: a box where the sales person keeps the money of his/her sales. rbatoa: something inexpensive. zalu: the color of the sky. gfolasdaes (3 words): an object that protects your eyes from the sun.