Problem
A tractor with an adjusted basis from depreciation of 55, 000 sold for $ 60,000 and a new tractor purchased with a cash payment of $ 325,000 these are two separate transcation what is the tax depreciadtion basis f the new tractor?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.