Question: QUESTION 3 5 David decided to give Blake an old machine for use in Blake's business. David originally paid $ 3 0 , 0 0

QUESTION 35 David decided to give Blake an old machine for use in Blake's business. David originally paid $30,000 for the machine. David took $7,000 in depreciation on machine before FMV at the time of the gift was $20,000. What is Blake's depreciable basis for the machine? $23,000 $13,000

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