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What AMT adjustment arises as a result of the sale

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Problem - Brennen sold a machine used in his business for $180,000. The machine was purchased eight years ago for $340,000. Depreciation up to the date of the sale for regular income tax purposes was $210,000 and $190,000 for AMT purposes.

Required - What, if any, AMT adjustment arises as a result of the sale of the machine?

Reference no: EM132669463

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