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Business, 05.07.2019 23:10 sarahhN7534

Jamari conducts a business with the following results in 2018: revenue $20,000 depreciation on car 3,960 operating expenses of car 3,100 rent 6,000 wages 8,200 amortization of intangibles 680 jamari estimates that due to a depressed real estate market, the value of land owned by the business declined by $5,200. a. jamari's business has a of $ which is reported on his tax return. b. if the activity was a hobby, jamari will report $ as income. of his expenses, $ are allowed on his tax return.

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