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Question 5 (1 point) Saved Nicholas has decided to move to another town and has begun to clean out his house. Listed below are the
Question 5 (1 point) Saved Nicholas has decided to move to another town and has begun to clean out his house. Listed below are the items he intends to sell. Calculate the amount of income Nicholas must include in his taxable income if he sold the following assets. Cost FMV Coffee Table Play Set Dish Set $200 $1,700 $1,100 $500 $800 $1,600 A/
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