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2. George owned a construction business. He rented an office and had twenty employees. The business had relatively steady monthly expenses that were paid for
2. George owned a construction business. He rented an office and had twenty employees. The business had relatively steady monthly expenses that were paid for from the revenues that he generated. Most of the business' revenues were the result of the hard work and contacts that George had. George suffered a serious illness that left him completely disabled for several months, during which time he was unable to do most of the work that he did was he was healthy. ny and the income are primarily
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