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Vine, Incorporated, reported taxable income of $ 8 0 0 , 0 0 0 in year 1 and paid federal income taxes of $ 1
Vine, Incorporated, reported taxable income of $ in year and paid federal income taxes of $ Included in the Vine's computation of taxable income is gain from the sale of a depreciable asset for $ The income tax basis of the asset was $ The E&P basis of the asset using the alternative depreciation system was $ Compute Vine's current E&P for year
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