July 11, 2019, Nicholas's mobile home was totally destroyed in a disaster. The area was designated by the President to be a disaster area. On November 15, 2019, Nicholas's insurance company reimbursed him $12,000 for the mobile home. If Nicholas has a gain, when does the replacement period for the mobile home end? 12/31/2021. 12/31/2022. 12/31/2023. 12/31/2024..

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