Memorandum Findings of Fact and Opinion
OPPER, Judge:
Respondent determined a deficiency of $21,637.54 in petitioner's income tax for 1945. Petitioner no longer contests certain adjustments. The issues remaining are:
1. Whether petitioner sustained a deductible ordinary loss of $28,400 in 1945, under section 23 (e) (2), on an abandoned contract claim.
2. Whether petitioner is entitled to a deduction for business expenses in 1945, under section...
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