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Which of the following assets are depreciable or amortizable for federal income tax purpose? Lists - 1. Land 2. Personal residence 3. Rental residence 4.
Which of the following assets are depreciable or amortizable for federal income tax purpose?
Lists - 1. Land 2. Personal residence 3. Rental residence 4. Inventory 5. Acquired goodwill 6. Business automobile
a) 3, 5, 6
b) 1, 2, 3
c) 1, 4
d) 3, 4, 6
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