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Jaussi purchased a computer several years ago for $2,200 and used it for personal purposes. On November 10 th of the current year, when the fair market value of the computer was $800, Jaussi converted it to business use. What is Jaussi's tax basis for the computer?
Palm Reading
A form of divination that interprets the lines, shapes, and patterns on the palm of the hand to predict a person's character and future.
Divination Technique
Methods or practices used to seek knowledge of the future or the unknown by supernatural means.
Chiromancy
The practice of predicting an individual's future and character traits through the study of their palm lines, also known as palmistry.
Rites of Purification
ceremonial practices aimed at cleansing individuals, objects, or places of impurity or sin to restore a state of holiness or purity.
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