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Business, 10.03.2020 07:34 itzking411

Sebastian purchases two pieces of equipment for $100,000. Appraisals of the equipment indicate that the fair market value of the first piece of equipment is $72,000 and that of the second piece of equipment is $108,000. What is Sebastian's basis in these two assets?

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Sebastian purchases two pieces of equipment for $100,000. Appraisals of the equipment indicate that...
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