Solved: Mainstream sold all of this equipment on june 30 2015 what, Accounting Basics

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Mainstream sold all of this equipment on june 30 2015 what

Question - Mainstream Company purchased depreciable equipment in 2016 for $119,000 and claimed a Sec. 179 deduction of $112,000 but no bonus depreciation. The equipment qualified as 5-year property under MACRS. Mainstream sold all of this equipment on June 30, 2015. What is the amount of Mainstream's MACRS deduction for 2015?

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Accounting Basics: Mainstream sold all of this equipment on june 30 2015 what

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Accounting Basics: Mainstream sold all of this equipment on june 30 2015 what

Reference No:- TGS02670922

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