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gain in 2006 and the Sec. 1231 loss in 2007 or vice versa. His marginal tax rate for each year is expected to be 33%. Advise the taxpayer with respect to these two alternatives: a. Recognize the $20,000 Sec. 1231 loss in 2006 and the $20,000 Sec. 1231 gain in 2007. b. Recognize the $20,000 Sec. 1231 gain in 2006 and the $20,000 Sec. 1231 loss in 2007. ===================================================================================== ACC 547 Week 3 Individual Assignment Problem 67 (Ch. 5), 66 (Ch. 6), 81 (Ch. 8) FOR MORE CLASSES VISIT www.acc547master.com ACC 547 Week 3 Individual Assignment Week Three Problem Set Complete the following problems located in Taxation of Individuals and Business Entities: Comprehensive Problem 67 (Ch. 5)  Comprehensive Problem 66 (Ch. 6) Comprehensive Problem 81 (Ch. 8)  ===================================================================================== ACC 547 Week 4 Learning Team Assignment Week Four Problem 16 (Ch 14) FOR MORE CLASSES VISIT www.acc547master.com