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EzTech, a calendar year accrual basis corporation, generated $ 9 9 4 , 3 0 0 ordinary income from its business this year. It also

EzTech, a calendar year accrual basis corporation, generated $994,300 ordinary income from its business this year. It also sold the following assets, all of which were held for more than 12 months:
\table[[,Accumulated],[,Initial Basis,Depreciation,Sale Price],[Machinery,$97,500,$39,660,$70,000
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