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  3. brenda purchased a business for 120,000. and recei

brenda purchased a business for 120,000. and received s building fmv 80,000. land fmv 10,000....

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Accounting

brenda purchased a business for 120,000. and received s building fmv 80,000. land fmv 10,000. and furniture and fixtures fmv 30,000. she spent 10,000. on legal fees to make thr purchase what is the basis for these items

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