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Morris Chevy purchased a horse farm in Ocala, Florida. $10,000 of the purchase price was properly allocated to the barn. Several months after the purchase,

Morris Chevy purchased a horse farm in Ocala, Florida. $10,000 of the purchase price was properly allocated to the barn. Several months after the purchase, Morris built an addition to the barn at a cost of $2,000. In the subsequent year, Morris expended $800 to paint the barn, repair broken windows, and have the inside thoroughly cleaned. 


What is Morris's basis in the barn at the end of the second year, excluding depreciation?

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