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Misha Traded Computer Equipment Used in Her Business to a Computer

Question 108

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Misha traded computer equipment used in her business to a computer dealer for some new computer equipment.Misha originally purchased the computer equipment for $15,000 and it had an adjusted basis of $11,000 at the time of the exchange.Misha also received a used copier worth $2,000 in the transaction.What is Misha's adjusted basis in the new equipment after the exchange?

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$11,000.
The like-kind property receives...

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