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Test - Tax Specialist Certification Test (2017) Basis Question 17 of 75 Lucy purchased a new machine for use in her business. She incurred the

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Test - Tax Specialist Certification Test (2017) Basis Question 17 of 75 Lucy purchased a new machine for use in her business. She incurred the following costs with the purchase: $2.000 cas paid, $10,000 financed, a $500 delivery charge, and a $200 installation charge. Lucy's basis in the machine is O $2,000 O $2,700 O $12,000 O $12,700 o,000 menl 10,000 S00 11DD Mark for follow up

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