Rex has the following AMT adjustment factors: - Depreciation of real property acquired in 1996 using MACRS is $22,000 while depreciation for AMT purposes is $15,000.
- R&E expenditures amounting to $60,000 are expensed.
The net adjustment is

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The Answer of Rex has the following AMT adjustment factors: - Depreciation of real property acquired in 1996 using MACRS is $22,000 while depreciation for AMT purposes is $15,000.
- R&E expenditures amounting to $60,000 are expensed.
The net adjustment is

Rex Has the Following AMT Adjustment Factors: - Depreciation of Real