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1. In September 2020 a book bookage was sold for $14,000 that was purchased in May 2015 for $20,000 What was the tax result per

1. "In September 2020 a book bookage was sold for $14,000 that was purchased in May 2015 for $20,000 What was the tax result per fixed asset can of the transaction?"

A) "Profit of $ 2,448"

B) "Loss of $2.448"

C) "Profit of $ 4,500"

D) Loss of $4.500"

2. A fixed asset that was acquired in January 2018 and sold in October 2020 How many months was used?

A) 32

B) 33

C) 34

D) None of the above

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