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Which of the following is true regarding 21245 depreciation recapture? O Changes the character of a loss O The lesser of accumulated depreciation or gain

Which of the following is true regarding 21245 depreciation recapture? O Changes the character of a loss O The lesser of accumulated depreciation or gain recognized becomes ordinary Changes the amount of a gain O Only applies to ordinary assets
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Which of the following is true regarding ii1/21245 depreciation recapture? Changes the character of a loss The lesser of accumulated depreciation or gain recognized becomes ordinary Changes the amount of a gain Only applies to ordinary assets

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