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Which of the following items is not charged against the income of an estate? a. Ordinary repairs to income-producing property b. Expenses incurred to protect
Which of the following items is not charged against the income of an estate?
a. | Ordinary repairs to income-producing property |
b. | Expenses incurred to protect income flow |
c. | Loss on the sale of an estate asset |
d. | All of the above are charged against the income |
Explain why?
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