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Allen owns 100 shares of Prime Corp., a publicly-traded company, which Allen purchased on January 1,
2 001, for $10,000. On January 1, 2003, Prime declared a 2-for-1 stock split when the fair market value
(FMV) of the stock was $120 per share. Immediately following the split, the FMV of Prime stock was $62
per share. On February 1, 2003, Allen had his broker specifically sell the 100 shares of Prime stock
received in the split when the FMV of the stock was $65 per share. What amount should Allen recognize
as long-term capital gain income on his Form 1040, U.S. Individual Income Tax Return, for 2003?
A. $300
B. $2,000
C. $1,500
D. $750
Answer: C
Choice "c" is correct. The receipt of a nontaxable stock dividend will require the shareholder to spread the
basis of his original shares over both the original shares and the new shares received, resulting in the
same total basis but a lower basis per share of stock helD. Therefore, Allen's total basis remains the same,
$ 10,000, but is now split between 200 shares (a 2-for-1 split and he originally owned 100 shares).
Therefore, his basis per share goes from $100/share ($10,000/100) to $50/share ($10,000/200).
Consequently, his basis in the 100 shares sold is 100 x $50 = $5,000. Calculate his gain as follows:

Choices "a", "b", and "d" are incorrect.

You have an object in a Cloud Storage bucket that you want to share with an external company.
The object contains sensitive data. You want access to the content to be removed after four hours. The external company does not have a Google account to which you can grant specific user-based access privileges. You want to use the most secure method that requires the fewest steps. What should you do?
A. Set object access to `public' and use object lifecycle management to remove the object after four hours.
B. Create a signed URL with a four-hour expiration and share the URL with the company.
C. Create a new Cloud Storage bucket specifically for the external company to access.
Copy the object to that bucket. Delete the bucket after four hours have passed.
D. Configure the storage bucket as a static website and furnish the object's URL to the company.
Delete the object from the storage bucket after four hours.
Answer: B

You are designing a network connectivity strategy for a new Azure subscription. You identify the following requirements:
* The Azure virtual machines on a subnet named Subnet1 must be accessible only from the computers in your London office.
* Engineers require access to the Azure virtual machine on a subnet named Subnet2 over the Internet on a specific TCP/IP management port.
* The Azure virtual machines in the West Europe Azure region must be able to communicate on all ports to the Azure virtual machines in the North Europe Azure region.
You need to recommend which components must be used to meet the requirements. The solution must minimize costs and administrative effort whenever possible.
What should you include in the recommendation? To answer, drag the appropriate components to the correct requirements. Each component may be used once, more than once, or not at all. You may need to drag the split bar between panes or scroll to view content.
NOTE: Each correct selection is worth one point.



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