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10) What isthe alternate allowance for the above problem? A. 12000 B. 120000 C. 80000 D. 8000 11)What happens when selling price is less than

10) What isthe alternate allowance for the above problem?

A. 12000

B. 120000

C. 80000

D. 8000

11)What happens when selling price is less than MACRS book value?

A. Capital Loss

B. Capital Gain

C. Ordinary Income

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