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Required information [The following information applies to the questions displayed below.] Identify the amount, if any, that these individuals must include in gross income in
Required information [The following information applies to the questions displayed below.] Identify the amount, if any, that these individuals must include in gross income in the following independent cases. Assume that the individuals use the cash method of accounting and report income on a calendar-year basis. - Amax purchased new office furniture and allowed each employee to take home old office furniture alued at $250
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