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Please can someone confirm if they are right? QUESTION 3 4 poi Which of the following assets is considered real properly? O Adesk Computer Equipment
Please can someone confirm if they are right?
QUESTION 3 4 poi Which of the following assets is considered real properly? O Adesk Computer Equipment Abuilding A largo piece of machinery QUESTION 4 4 poin Taxpayer Solls a building, land, and equipment for $2 million The building had basis of $500,000 and depreciation deductions of $50,000. The land had basis of $250.000 The equipment had basis of $300,000 and depreciation deductions of $250,000 What is the total amount of capital gain recognized on thus transaction? R$1,000,000 5728,571 $271 420 O $521.420 Step by Step Solution
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