Question: Under the section 7 0 4 ( c ) regulations, allocations of depreciation related to pre - contribution gains or losses are generally determined and

Under the section 704(c) regulations, allocations of depreciation related to pre-contribution gains or losses are generally determined and allocated:
Group of answer choices
On a property-by-property basis
In aggregate for all contributed properties
Using a different method for item of contributed property
None of the above

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