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Alice does elect not to take additional first-year

Alice purchased office furniture on September 20, 2016, at a cost of $100,000. On October 10, 2016, she purchased business computers for $80,000. Alice did not elect to expense any of the assets under Section 179, nor did she elect straight-line cost recovery. Alice does elect not to take additional first-year depreciation. Determine the cost recovery deduction for the business assets for 2016

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Accounting Basics: Alice does elect not to take additional first-year

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Accounting Basics: Alice does elect not to take additional first-year

Reference No:- TGS02584138

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