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timama [110]
3 years ago
12

Lena is a sole proprietor. In April of this year, she sold equipment purchased four years ago for $51,800 with an adjusted basis

of $31,080 for $34,188. Later in the year, Lena sold another piece of equipment purchased two years ago with an adjusted basis of $15,540 for $10,101. What are the tax consequences of these tax transactions
Business
1 answer:
Advocard [28]3 years ago
7 0
I don’t know but good luck
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Answer:

This statement is False

Explanation:

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