Determine the cost recovery deduction for 2009


On May 15, 2009, Brent purchased new farm equipment for $40,000. Brent used the equipment in connection with his farming business. Brent does not elect to expense assets under § 179. Brent does elect not to take additional first-year depreciation. Determine the cost recovery deduction for 2009.

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Accounting Basics: Determine the cost recovery deduction for 2009
Reference No:- TGS088433

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