In 2012 Kay Smart operates a cosmetic manufacturing business.During the year, the business placed in service $560,000 of five-year property eligible for limited expensing under § 179.Ms.Smart wisely elected § 179.The maximum amount that she can expense under § 179 is
A) $0
B) $65,000
C) $125,000
D) $500,000
E) None of the above
Correct Answer:
Verified
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