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Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454 Exercise 36
Ink Masters Printing purchased a new printing press for $660,000 on February 9, 2010. The press is used for business 90% of the time. As the accountant for the company, you elected to take a $100,000 Section 179 deduction. The press also qualified for a special depreciation allowance. (See Table 17-4.)
a. What was the basis for depreciation of the printing press
b. What was the amount of the third year's depreciation using MACRS
a. What was the basis for depreciation of the printing press
b. What was the amount of the third year's depreciation using MACRS
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Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
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