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How much did the members self-employment earnings

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Question - The last day of its current tax year, Buy Rite LLC received $220,000 when it sold a machine it had purchased for $100,000 three years ago to use in its business. At the time of the sale, the basis in the equipment had been reduced to $80,000 due to tax depreciation taken. How much did the members' self-employment earnings from Buy Rite increase when the equipment was sold?

Reference no: EM132991559

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