Respondent determined deficiencies in the income tax of petitioner for the years 1946, 1947, and 1948 in the amounts of $1,864.41, $1,895.63, and $232.30, respectively. The issues for decision are:
1. Whether petitioner realized a capital gain or loss on the sale of certain real estate which it had received as collateral for a loan.
2. Whether the Commissioner properly disallowed an increase in petitioner's reserve for bad debts in the amounts of $1,763.26...
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