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The color copier purchased on April 15, year 9, is properly reflected on the tax depreciation worksheet as five-year property. However, this asset is incorrectly
The color copier purchased on April 15, year 9, is properly reflected on the tax depreciation worksheet as five-year property. However, this asset is incorrectly recorded at a tax basis of $5,000. The tax basis that should be recorded for the color copier is $9,000
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