Pursuant to a complete liquidation, Carrot Corporation distributes to its shareholders real estate held as an investment (basis of $650,000, fair market value of $880,000).
(a) Determine the gain or loss recognized by Carrot on the distribution if no liability is involved.
(b) Determine the gain or loss recognized by Carrot on the distribution if the real estate is subject to a liability of $690,000.
(c) Determine the gain or loss recognized by Carrot on the distribution if the real estate is subject to a liability of $885,000.

The law says your employer is responsible for providing you with a safe and healthy workplace. true or false?

Suppose that the free states of eldricia, a small nation, has consumption, investment, government purchases, imports, and exports as follows. consumption $140 investment $50 government purchases $45 imports $30 exports $15 calculate the free states of eldricia's gdp

After graduation, you plan to work for dynamo corporation for 12 years and then start your own business. you expect to save and deposit $7,500 a year for the first 6 years (t = 1 through t = 6) and $15,000 annually for the following 6 years (t = 7 through t = 12). the first deposit will be made a year from today. in addition, your grandfather just gave you a $32,500 graduation gift which you will deposit immediately (t = 0). if the account earns 9% compounded annually, how much will you have when you start your business 12 years from now?