Sid bought a new $1,210,000 seven-year class asset on August 2,2013.On September 12,2013,he purchased $860,000 of used five-year class assets.Sid does take additional first-year depreciation if available.If Sid elects § 179,what is the maximum write-off for these purchases for 2013?

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The Answer of Sid bought a new $1,210,000 seven-year class asset on August 2,2013.On September 12,2013,he purchased $860,000 of used five-year class assets.Sid does take additional first-year depreciation if available.If Sid elects § 179,what is the maximum write-off for these purchases for 2013?

Sid Bought a New $1,210,000 Seven-Year Class Asset on August