On July 15,2011,Mavis paid $275,000 for qualified leasehold improvements on a commercial building she was leasing.If Mavis elects to treat the qualified leasehold improvements as § 179 property,determine the total cost recovery from the improvements in 2011.Mavis elected not to take additional first-year depreciation.

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The Answer of On July 15,2011,Mavis paid $275,000 for qualified leasehold improvements on a commercial building she was leasing.If Mavis elects to treat the qualified leasehold improvements as § 179 property,determine the total cost recovery from the improvements in 2011.Mavis elected not to take additional first-year depreciation.

On July 15,2011,Mavis Paid $275,000 for Qualified Leasehold Improvements on a Commercial