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At the end of the year a local car dealer approaches

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1. You are a manager of nonprofit orphanage. At the end of the year a local car dealer approaches you with a proposition. He will give you a two year old van worth $ 10,000 that he has just taken as a trade-in on a new vehicle if you will provide him with the tax deductible donation receipt for the new van worth $ 30,000. Your current transportation is in very bad shape and children really enjoy the field trip they take. Do you accept his proposition? 

Reference no: EM13993787

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