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Last year she purchased a 30000 account receivable for 25000. This year the account was settled for 25000.
18 Peggy Is In The Business Of Factoring Accounts Chegg This year the account was settled for 25000.
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10000 for the current year.

Peggy is in the business of factoring accounts receivable. Peggy is in the business of factoring accounts receivable. How much loss can Peggy deduct and in which year. Peggy is in the business of factoring accounts receivable. How much loss can Peggy deduct and in which year. 5000 for the prior year and 5000 for the current year.
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