Answer:
$160,000
Explanation:
On February 15, 20X8, S3 Corporation purchased the land from a non affiliate for $160,000.
That was the last operation involving a third party.
<u>The rest of the operation should not recognize any income or loss.</u>
If not, a company can create artificial gains and losses by selling the asset at diferent prices.
It will sale higher on one company to avoid a net loss
and then sale cheaper on another to decrease the taxable income.
That's why it will be "lock" at 160,00 until an operation is made with a non-affiliate company
If JJ camera does not accommodate Meg's needs, and she is otherwise qualified for the job, JJ camera must demonstrate that the accommodations would create (a) UNDUE HARDSHIP for the company.
Undue hardship refers to an action that will lead to increase in expense or difficulty on company or the employer. It is an accommodating action. It is not necessary for an employer to accommodate an undue hardship. If the company needs to accommodate an undue hardship, it should look for some other accommodation that does not impose such hardship on the company.
In increase in prices makes less people want to buy
