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Please explain why the Tax Court case, Intermountain Lumber Co. v. Commissioner, 65 T.C. 1025 (1976) was correctly decided. How does it meet or does

Please explain why the Tax Court case, Intermountain Lumber Co. v. Commissioner, 65 T.C. 1025 (1976) was correctly decided. How does it meet or does not meet all 3 requirements of Section 351? Please include facts and details from the case to support the court's decision.

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