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Which of the following is true when determining the adjusted basis of a capital asset at the time of its sale? a. Accumulated depreciation is

Which of the following is true when determining the adjusted basis of a capital asset at the time of its sale? a. Accumulated depreciation is added to the basis. b. The basis does not include the owner's title insurance related to the purchase. c. Capital improvements are added to the basis. d. Ordinary repairs reduce the adjusted basis

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