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Samantha sold a piece of property in 2020 for $300,000 but has yet to receive any of the proceeds from the sale. The purchaser has
Samantha sold a piece of property in 2020 for $300,000 but has yet to receive any of the proceeds from the sale. The purchaser has since gone out of business and she doesn't think will receive any repayment on her sale. What income impact can Samantha expect from this bad debt assuming she can absorb it?
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