45F comes to clinic complaining of depression, anxiety, and muscle pain. You note she started sertraline (Zoloft, antidepressant) 12 days ago. She said since it wasn’t working, so she bought St John’s Wort over the counter.  Which statement is true?

A drug dose that delivers 250 mg has a half-life of 5 hours. Identify how much drug will remain in the body after one half-life. _______

61M with PMHx hypertension (HTN), afib, diabetes mellitus (DM), and end stage renal disease (ESRD) (anuric) missed his hemodialysis (HD) this am. He presents to the ED in the evening with dysrhythmia and a K+ level of 7.4 meq/L (3.5 – 5.3 meq/L) The RN anticipates giving which of the following medications to shift the K+ back into the cell as HD is being started? (Select all that apply) 

A patient asks a nurse why a friend who is taking the same drug responds differently to that drug. The nurse knows that the most common variation in drug response is due to differences in each patient’s:

Eight bits of memory can only hold 128 different patterns

Lisa and Richard wish to acquire Acacia Corp., a C corporation. As part of their discussions with Tobias, the sole shareholder of Acacia, they examined the business’ tax accounting balance sheet. The relevant information is summarized as follows:     Fair value Adjusted basis Assets:     Cash $30,000 $30,000 Equipment $70,000 $10,000 Building1 $260,000 $140,000 Land1 $410,000 $180,000 Total $770,000 $360,000       Liabilities:     Payables $20,000 $20,000 Mortgage1 $150,000 $150,000 Total $170,000 $170,000   1 Mortgage is attached to the building and the land.   Tobias’ basis in the Acacia stock is $400,000. Lisa and Richard offer to pay Tobias $900,000 for his company.   How much gain or loss must Tobias recognize if the transaction is structured as a stock sale to Lisa and Richard?

Owen and Hermine, a married couple, have jointly owned Sparkleberry Corp. for many years. Their basis in the stock is $250,000. Sparkleberry liquidates and makes liquidating distributions to the couple as follows:   PropertyFair valueCash$20,000Accounts receivable$35,000Vehicle$40,000Office furniture$10,000   What are the amount and character of Owen and Hermine’s gain (loss)? (assume the Sparkleberry stock qualifies as Sec. (§) 1244 stock and that no loss disallowance rules apply)

Julia owns 40 percent of Longleaf Corp. and has a basis in her stock of $100,000. After adopting a plan of liquidation, Longleaf makes a liquidating distribution to Julia and the other shareholders. Julia receives cash of $30,000, Pine Inc. stock with a $30,000 fair value, and equipment with a fair value of $125,000. She takes the equipment subject to a $20,000 liability. Longleaf’s basis in the stock distributed to Julia is $52,500. Longleaf’s original cost for the equipment was $80,000, but it has since claimed $30,000 of depreciation deductions (i.e., the equipment has an adjusted basis of $50,000). Both the stock and the equipment are capital assets and have been held for several years.   How much gain does Julia recognize on the liquidating distribution, and what is her basis in the distributed stock and equipment?

Lisa and Richard wish to acquire Acacia Corp., a C corporation. As part of their discussions with Tobias, the sole shareholder of Acacia, they examined the business’ tax accounting balance sheet. The relevant information is summarized as follows:     Fair value Adjusted basis Assets:     Cash $30,000 $30,000 Equipment $70,000 $10,000 Building1 $260,000 $140,000 Land1 $410,000 $180,000 Total $770,000 $360,000       Liabilities:     Payables $20,000 $20,000 Mortgage1 $150,000 $150,000 Total $170,000 $170,000   1 Mortgage is attached to the building and the land.   Tobias’ basis in the Acacia stock is $400,000. Lisa and Richard offer to pay Tobias $900,000 for his company.   How much gain or loss must Tobias recognize if the transaction is structured as a direct asset sale and Acacia distributes all its after-tax proceeds to Tobias in liquidation of his stock? (assume a 21 percent corporate tax rate)

Bonnie owns a farm held for investment purposes. The farm has a fair market value of $450,000 and is subject to a mortgage of $30,000. Bonnie’s basis in the farm is $330,000. Bonnie exchanges the farm for a warehouse owned by Alex. The warehouse has a fair market value of $380,000 and is subject to a mortgage of $40,000 (which Bonnie assumes). Bonnie receives cash of $80,000 in addition to receiving the warehouse, and Alex assumes the mortgage on Bonnie’s farm. (The exchange meets the requirements to be treated as a like-kind exchange under § 1031.)   Assume Alex had a basis in his warehouse of $270,000. How much gain (loss) must Alex recognize, and what is his basis in the farm?