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Brittany started a law practice as a sole proprietor. She owned a computer, printer, desk, and file cabinet she purchased during law school ( several
Brittany started a law practice as a sole proprietor. She owned a computer, printer, desk, and file cabinet she purchased during law school several years ago that she is planning to use in her business.
tablePussettablePurchasePriceFMV at Time ConvertedCo Business Use,,
Using the above information, what is the depreciable basis that Brittany should use in her business for each asset?
tableAssetDepreciable BasisComputerPrinterDeskFile cabinet,
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