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Business, 16.10.2019 02:30 evarod

Sandy is an executive at yummy yogurt. because she loves the yogurt so much, in the current year she decides to buy a yogurt machine from yummy for $9,300. the machine cost the company $9,000 (the wholesale price), and it has a fair market value of $12,500 (price at which sold at retail). only executives are permitted to buy yogurt machines at a discount. what is sandy's adjusted basis for the yogurt machine, and how much must she include in her gross income?

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Sandy is an executive at yummy yogurt. because she loves the yogurt so much, in the current year she...
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