Question: Silver Leaf, a retail bakery, traded two ovens having a total adjusted basis of $ 6 8 0 for a new oven costing $ 1
Silver Leaf, a retail bakery, traded two ovens having a total adjusted basis of $ for a new oven costing $ They received an $ tradein allowance for the old ovens and paid $ in cash for the new oven. The bakery also traded a used van with an adjusted basis of $ for a new van costing $ They received a $ tradein allowance on the used van and paid $ in cash for the new van. What portion of the new properties bases qualifies for the Section deduction?
A $B $C $D $
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