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Which of the following statements is correct regarding depreciation recapture? Select one: a. Depreciation recapture only applies to individual taxpayers. b. Depreciation recapture only applies

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Which of the following statements is correct regarding depreciation recapture? Select one: a. Depreciation recapture only applies to individual taxpayers. b. Depreciation recapture only applies to corporate taxpayers. c. There are no circumstances where depreciation is recaptured under current tax laws. d. There is no depreciation recapture when property is sold at a loss. e. None of the above

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