Crystal Enterprises, a multi location printing company, purchased the following during 2017:
New printing machines costing $560,000.
-How much is the maximum cost recovery deduction for 2017, assuming the owners have adequate net income?
-Assuming they claimed the maximum in 2017, how much is deductible in 2020?
-Assuming the photocopiers were sold for $75,000 on April 18, 2020 cost recovery deduction?
CEO's used vechile (2015 4,800 lbs) costing $32,500
-How much is the maximum cost recovery deduction for 2017, assuming the owners have adequate net income?
-Assuming they claimed the maximum in 2017, how much is deductible in 2019?
Improvements to real estate used in the business. Cost, $375,000 allocated to goodwill. How much is deductible in 2018? How uch for 2022?