In 2012, Mason Container Co., a calendar year taxpayer, purchased 5-year depreciable property for $650,000. Mason wants to take the largest possible tax deduction in 2012 related to this property. Compute the largest tax deduction possible in 2012 related to this business equipment. (Consider the Section 179 deduction and bonus depreciation.)

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The Answer of In 2012, Mason Container Co., a calendar year taxpayer, purchased 5-year depreciable property for $650,000. Mason wants to take the largest possible tax deduction in 2012 related to this property. Compute the largest tax deduction possible in 2012 related to this business equipment. (Consider the Section 179 deduction and bonus depreciation.)