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[The following information applies to the questions displayed below.] On August 1 of year 0, Dirksen purchased a machine for $41,250 to use in its

[The following information applies to the questions displayed below.] On August 1 of year 0, Dirksen purchased a machine for $41,250 to use in its business. On December 4 of year 0, Dirksen sold the m...

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