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    Shaquille Buys New Cars for Five of His Friends
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Shaquille Buys New Cars for Five of His Friends

Question 13

Question 13

Multiple Choice

Shaquille buys new cars for five of his friends.Each car cost $70,000.What is the amount of Shaquille's taxable gifts?


A) $0
B) $280,000
C) $336,000
D) $350,000

Correct Answer:

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