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Dennis purchased a machine for use in his business. Mr. Dennis' costs in connection with this purchase were as follows: What is the amount of

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Dennis purchased a machine for use in his business. Mr. Dennis' costs in connection with this purchase were as follows: What is the amount of Mr. Dennis' basis in the machine? A) $41, 900 B) $33,000 C) $40, 400 D) $46, 100

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