9 (CHAPTER 13) Unfortunately, Jennifer's warehouse stands in the path of the planned building of...
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Accounting
9 (CHAPTER 13) Unfortunately, Jennifer's warehouse stands in the path of the planned building of a new freeway. The government pays her $620,000 for the warehouse. Jennifer originally paid $560,000 for the warehouse. Within the year, Jennifer buys a new warehouse for $600,000. What is Jennifer's basis in the new warehouse
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