- 40 -
the Commissioner. See sec. 472(e); sec. 1.472-5, Income Tax
Regs.
On the record before us, we find that respondent did not
place Mountain State Ford on an improper method of inventory
accounting in the notice. We further find that respondent did
not abuse respondent's discretion in making the adjustment at
issue in the notice. Consequently, we sustain that adjustment.19
To reflect the foregoing and the concessions of the parties,
Decision will be entered
under Rule 155.
19 We have considered all of the arguments and contentions
of petitioner that are not addressed herein and find them to be
without merit or irrelevant.
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