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Augustus1 Augustus1
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Posts: 1894
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7 years ago
Abigail's hobby is sculpting. During the current year, Abigail sold three of her sculptures for a total of $3,200. Her related expenses include $1,500 in utilities, $1,200 in supplies and $900 in depreciation. Of the total expenses incurred, Abigail may deduct
A) $0.
B) $1,500 in utilities and $1,200 in supplies.
C) $1,500 in utilities, $1,200 in supplies, and $500 in depreciation.
D) $1,500 in utilities, $1,200 in supplies and $900 in depreciation.
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
Authors:
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We do not judge the people we love.

Prentice Hall's Federal Taxation by Kramer
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Yoko900Yoko900
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Posts: 1876
7 years ago
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Augustus1 Author
wrote...
7 years ago
Your explanation helped, amazing amazing!
We do not judge the people we love.

Prentice Hall's Federal Taxation by Kramer
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