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Copy of For this year, Jane had the following Rental Financial Information for Income Tax Purposes. Please calculate this year's Minimum Line 126000 Assets:
Copy of For this year, Jane had the following Rental Financial Information for Income Tax Purposes. Please calculate this year's Minimum Line 126000 Assets: Furniture, Class 8-20%, UCC was $5,000. Furniture Sold (Proceeds was $5,000; Cost was $2,000); Furniture, Class 8 was Closed, this year. Building, Class 1-4%, UCC was $200,000 Rent Revenue $40,000 Property Tax Expense $5,000 Insurance and Maintenance Expense $15,000
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