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32. in anticipation of a hurricane, charles and marie boarded up their business to protect it. when they file their federal income taxes, they would
32. in anticipation of a hurricane, charles and marie boarded up their business to protect it. when they file their federal income taxes, they would treat such protection costs as a(n):
- deductible business expense.
- deductible casualty loss.
- nondeductible casualty loss.
- increase in the property's basis.
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