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Content AreaCoral Oak is a small business that qualifies for safe harbor election. It owns a building with an adjusted basis of $250,000 and spends

Content AreaCoral Oak is a small business that qualifies for safe harbor election. It owns a building with an adjusted basis of $250,000 and spends $2,800 repairing the roof. How much can Coral Oak deduct? a. $2,800 b. $56 c. $0 d. $1,400

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