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Business, 12.11.2019 02:31 mommer2019

Joe hall owns a limousine for use in his personal service business of transporting passengers to airports. the limousine’s adjusted basis is $40,000. in addition, hall owns his personal residence and furnishings, that together cost him $280,000. hall’s capital assets amount to a. $320,000 b. $280,000 c. $40,000 d. $0

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