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formula to calculate Adjusted Basis for gain/loss calculation purposes is a. Initial basis + cost recoveries - capital additions - ordinary repairs b. Initial basis

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formula to calculate Adjusted Basis for gain/loss calculation purposes is a. Initial basis + cost recoveries - capital additions - ordinary repairs b. Initial basis - cost recoveries + capital additions + ordinary repairs c. Initial basis - cost recoveries + capital additions d. Initial basis + cost recoveries - capital additions

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