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Which of the following situations involving an exchange of business property exemplifies a fully nontaxable exchange? Giving up a machine and $5,000 for another machine.

Which of the following situations involving an exchange of business property exemplifies a fully nontaxable exchange? Giving up a machine and $5,000 for another machine. Giving up a machine for another machine and $5,000 . Giving up a truck for a machine. Giving up a lot for another lot and the other person pays $2,000 expense of the exchange

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