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Miranda purchased a truck from Jones' Car Emporium for use in her business. She used the truck in her business for two years. Then, she

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Miranda purchased a truck from Jones' Car Emporium for use in her business. She used the truck in her business for two years. Then, she sold the truck to her friend, Tyler, who used the truck during college. For which taxpayer was the truck considered to be a "capital asset?" a. The truck would not qualify as a capital asset for any of these taxpayers. b. Tyler c. Jones' Car Emporium d. Miranda

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