Hello, I need help with my assignment please.

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Yash · Accepted Answer

Question 6:
	Particulars
	Amount (in $)
	Fair market value of Gates Stock
	800,000
	Fair value of 15% Stock (800000*15%)
	120,000
	Cost of Acquisition
	105,000
	Net Income at Fair Value
	15,000
Question 7:
	Particulars
	Amount (in $)
	Cost of acquisition of 15,000 shares (15%) on 01.01.2017
	105,000
	Cost of acquisition of 25,000 shares (25%) on 01.01.2018
	200,000
	Total Investment prior to sales 
	305,000
Question 8:
	Particulars
	Amount (in $)
	Cost of acquisition of 10,000 shares on weighted average basis (305,000/40,000)*10,000
	76,

Hello, I need help with my assignment please.

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