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joshua purchased business furniture and fixtures (7 year property) for 40,000 in may 2008 on july 15 2011 joshua sold the furniture and fixtures for
joshua purchased business furniture and fixtures (7 year property) for 40,000 in may 2008 on july 15 2011 joshua sold the furniture and fixtures for 30,000 during his years of ownership he had taken 27,504 of depreciation for regular tax purposes AMT depreciation for that period was 17,276 what is the 2011 AMT adjustment requiered as a result of the sale of the assets? a-0 b-7,276 c-10,228 d-17,504
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