Cosmo and George are brothers. In 2021, Cosmo sells a parcei of Staten isiand land to George fer $180,000. Cosmo purchased the land in 1995 for $200,000. A What is the gain or loss Cosmo will recognize from the sale in 2021? B. in 2023, George sells the land to Elaine (unrelated third party) for $190,000. What is George s gain or loss on the sale? C. in 2023, George sells the land to Elaine (unrelated third party) for $215,000. What is George's gain ar less on the sale?

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