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Required information [ The following information applies to the questions displayed below. ] At the beginning of the current year, Poplock began a calendar -

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[The following information applies to the questions displayed below.]
At the beginning of the current year, Poplock began a calendar-year dog boarding business called Griff's Palace. Poplock bought and placed in service the following assets during the year:
\table[[Asset,Date Acquired,Cost Basis],[Computer equipment,323,$5,400
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