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G. The company purchased a new Mercedes for Mr. Brutus. The cost of the car was $65,300. The car replaced Mr. Brutus's old Corvette, which

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G. The company purchased a new Mercedes for Mr. Brutus. The cost of the car was $65,300. The car replaced Mr. Brutus's old Corvette, which was sold in 2018 for $19,000. H. The corporation has net capital loss carryovers of $23,000, and non-capital losses of $4,000 available for carry over

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