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The company purchased furniture on April 1, 2020 for $5,630. On the same date, furniture with an original cost of $119,961, was sold for $66,438.

The company purchased furniture on April 1, 2020 for $5,630.

On the same date, furniture with an original cost of $119,961, was sold for $66,438.

Calculate the maximum impact on business income for the year from furniture and other miscellaneous tangible capital assets.

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