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4vir4ik [10]
3 years ago
11

Graph the equation below

Mathematics
1 answer:
baherus [9]3 years ago
3 0

Answer:

See picture.

In the picture I graphed (0,1) and then graphed (1,3).

I connected the points with a straight-edge.

Step-by-step explanation:

This question is asking us to use slope-intercept form of a line to answer it.

Slope-intercept form is y=mx+b where m is the slope and b is the y-intercept.

Your equation is y=2x+1 so our m=2 and b=1.

So our y-intercept is 1.  This is the first point we graph.

The slope is 2 or as a fraction 2/1. Recall that slope=rise/run.  So this tells us after we plot (0,1) we need to go up 2 units and right 1 unit to get one more point to graph.  This point will be (0+1,1+2) or just (1,3).

I will draw a graph also to show you this:

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Kelly inherits land which had a basis to the decedent of $95,000 and a fair market value of $50,000 on August 4, 2018, the date
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Answer:

The correct option is;

Her recognized <u>loss </u>is ($1,000)

Step-by-step explanation:

The given information are;

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The value filed by the executor on the tax return using the alternate valuation date = The market value of the estate on 4th of February 2019

The market value of the land on 4th of February 2019 = $45,000

∴ The value filed by the executor on the tax return using the alternate valuation date = $45,000

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Given that, recognized gain is the profit made from selling an asset based on the value of the asset when it was obtained, we have;

Kelly's recognized gain or loss = (The value at which Kelly sells the land) - (The value of the land when the executor distributed the land to Kelly)

Kelly's recognized gain or loss = $48,000 - $49,000 = -$1,000 = ($1,000)

Therefore, Kelly's recognized loss = ($1,000).

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