On march 1 of the current year, barry beech received a gift of income-producing real estate having a donor’s adjusted basis of $50,000 at the date of the gift. fair market value of the property at the date of the gift was $40,000. beech sold the property for $46,000 on august 1 of the current year. how much gain or loss should beech report for the year?

As more people migrated west during the gold rush, what do you think happened to the demand curve in most western markets, holding all else constant? a. there was no shift, nor any increase or decrease in quantity demanded. b. there was no shift, but there was a decrease in quantity demanded. c. the demand curve shifted to the left. d. the demand curve shifted to the right. e. there was no shift, but there was an increase in quantity demanded.