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Business, 09.12.2019 19:31 Jocelynlboyd123

Two months ago, dawes inc. broke a multi-year lease on office space that it had occupied for four years. three years ago, dawes paid $85,300 to install carpeting and new electrical fixtures throughout the office. accumulated depreciation through the date that dawes vacated the office was $51,000. what is the tax consequence of dawes' abandonment of the carpeting and fixtures

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