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! Required information (The following information applies to the questions displayed below.) Breslin Inc. made a capital contribution of investment property to its 100-percent-owned subsidiary,

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! Required information (The following information applies to the questions displayed below.) Breslin Inc. made a capital contribution of investment property to its 100-percent-owned subsidiary, Crisler Company. The investment property had a fair market value of $3,860,000 and a tax basis to Breslin of $2,880,000. b. What is the tax basis of the investment property to Crisler Company after the contribution to capital? Tax basis

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