During the year, T purchased the items shown below.Indicate which item qualifies for both § 179 limited expensing and bonus depreciation.
A) A new computer used to monitor his investments
B) A new office building to be used in his business
C) A truck purchased from XYZ Corporation, which had used it in its sand and gravel business
D) New office furniture for the new office building
E) None of the above
Correct Answer:
Verified
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