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On March 1 of the current year, Alice, Carla, and David form Talon, Inc., a Corporation (Bob transfers the equipment on June 1 of the

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On March 1 of the current year, Alice, Carla, and David form Talon, Inc., a Corporation (Bob transfers the equipment on June 1 of the current year due to the needs of his sole proprietorship, however the others were all aware of the delay and took this into consideration when planning the formation of Talon Corporation) and transfer the following items:

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