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in february of the current year, brent corporation donates computer equipment, that it purchased six months ago, to eastside high school for use in its
in february of the current year, brent corporation donates computer equipment, that it purchased six months ago, to eastside high school for use in its educational program. the donated property had a $20,000 adjusted basis to brent and a $40,000 fmv. what is the amount of any potential charitable donation? Explain in details
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