The stock in Toucan Corporation is held equally by two brothers. Four years ago, the shareholders transfer property (basis of $200,000, fair market value of $220,000) to Toucan Corporation as a contribution to capital. In the current year and pursuant to a complete liquidation of Toucan, the property is distributed proportionately to the brothers. At the time of the distribution, the property had a fair market value of $40,000. What amount of loss will Toucan Corporation recognize on the distribution of the property?

Ademocratic government is based on majority rule of the people. this would be impossible under the large republic proposed by the constitution. which of the following best describes this quote? it represents the perspective of a federalist, arguing for a strong central government. it represents the perspective of a federalist, arguing for a stronger role for the states. it represents the perspective of an anti-federalist, arguing for a strong central government. it represents the perspective of an anti-federalist, arguing for a stronger role for the states.

Nepal is the common garden of different caste ethnic groups language and culture briefly explain the statements

What is your cultural heritage? what nonverbal behaviors are typically associated with your cultural heritage? which of those behaviors do you display? how might studying other cultures you be a competent communicator?