PROBLEM 16. Illustrating Basis of Computing Gain Derived or Loss
Sustained From the Sale of Property Acquired by Gift
on or Prior to December 31, 1920.
PROBLEM 17. Illustrating Basis for Computing Gain Derived or Loss
Sustained from Sale of Property Acquired by Gift
after December 31, 1920
PROBLEM 18. Illustrating Basis for Determining the Gain Derived or
Loss Sustained from the Sale of Property Received by
Inheritance After February 28, 1913
PROBLEM 19. Illustrating Method of Determining Gain Derived from
the Sale of Property Acquired by Bequest Prior to
March 1, 1913 in Case the Fair Market Value as at
March 1, 1913 was in Excess of Value at Date of Ac-
quisition but Less Than the Selling Price
PROBLEM 20. Illustrating Basis of Computing Amount of Loss Sus-
tained from Sale of Property Received as a Bequest in
Case Selling Price is Less than Value at Date of Ac-
quisition and also Less than Fair Market Value March
1, 1913
PROBLEM 21. Illustrating Method of Determining Amount of Taxable
Profit Derived or Loss Sustained from the Sale of
Property Received as a Bequest Prior to March 1,
1913 in Case the Market Value at Date of Acquisition
is Less than Selling Price but March 1, 1913 Value is
Greater than Selling Price
PROBLEM 22. Illustrating Method of Determining Amount of Taxable
Profit Derived or Loss Sustained from the Sale of
Property Received As a Bequest Before March 1, 1913
in Case the Market Value at March 1, 1913 is Less
than Selling Price, but Market Value at Date of Ac-
quisition is Greater Than Selling Price
PROBLEM 23. Illustrating Basis for Determining Amount of Taxable
Profit Derived from Sale of Property Purchased prior
to March 1, 1913 in Case the Cost is Greater than
March 1, 1913 value and Less Than Selling Price.
PROBLEM 24. Illustrating Method of Determining Gain from Sale of
Property Acquired by Purchase Prior to March 1,
1913 in Case the Fair Market Value of the Property
on March 1, 1913 is Greater Than Cost but Lower
than Selling Price