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As part of creating her new business, Margaret contributes to her 100%-owned C-Corporation machinery that is worth $50,000 with an adjusted basis of $40,000. In
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South-Western Federal Taxation 2018 Comprehensive
Authors: David M. Maloney, William H. Hoffman, Jr., William A. Raabe, James C. Young
41st Edition
1337386006, 978-1337386005
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