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Posted on Sep 01, 2024

Noah bought a warehouse for $ 1 7 5 , 0 0 0 , depreciated it $ 2 7 . 7 8 6 , and

Noah bought a warehouse for $

175, 000,

depreciated it $

27.786,

and sold it for

259, 100 .

Noah's marginal tax rate is

32 % .

What is the tax Noah will pay on the sale of the warehouse?

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