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Problem 4-48 (LO. 6, 7) Three years ago at a cost of $40,000, Paul Sanchez acquired stock in a corporation that qualified as a small

Problem 4-48 (LO. 6, 7) Three years ago at a cost of $40,000, Paul Sanchez acquired stock in a corporation that qualified as a small business corporation under § 1244. A few months after he acquired ...

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