PIERCE, Judge:
The respondent determined a deficiency of $98,540.50 in the petitioner's income tax for the fiscal year ended April 30, 1958.
The issues for decision are:
(1) What is the proper allocation of the lump-sum purchase price paid for the mixed aggregate of the operating assets of a going business which petitioner purchased? The precise income tax question involved concerns the computation of petitioner's cost of goods sold for the...
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