LO.3 In 1997, Andy placed a warehouse in service in his business. For both regular income tax

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LO.3 In 1997, Andy placed a warehouse in service in his business. For both regular income tax and AMT purposes, he calculates the cost recovery using the straight-line method. Andy concludes that there will be no AMT adjustment for 2012 because he uses the straight-line method. Evaluate Andy’s conclusion.

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