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n allocating basis under irc section 755 which of the following rules applies to allocation between classes of assets? A. A negative adjustment would not
n allocating basis under irc section 755 which of the following rules applies to allocation between classes of assets?
A. A negative adjustment would not be allocated to any class of asset
B. A positive adjustment is apportioned according to the addifference between basis and fair market value
C. A positive adjustment would only be allocated to an asset that has appreciated in value
D. A positive adjustment would only be allocated to the class that has depreciated in value
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