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Which of the following assets is generally depreciable or amortizable for federal income purposes? I. Goodwill II. Copyright III. Business Auto Driven by Business Owner
Which of the following assets is generally depreciable or amortizable for federal income purposes?
I. Goodwill
II. Copyright
III. Business Auto Driven by Business Owner
IV. Machinery
V. Leasehold Improvement
Choices:
A. III and IV only
B. III, IV, V only
C. i, ii, iii, iv, and v
D. II, III, IV, and V only
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