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DM, Inc. incurred a $25,000 net capital loss last year that hascarried forward into the current year. During the current year, ahurricane destroyed business assets

"DM, Inc. incurred a $25,000 net capital loss last year that hascarried forward into the current year. During the current year, ahurricane destroyed business assets with a $120,000 basis. DMreceive 2 answers

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