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CCC Construction Company Purchased Three New Tools During 2020 as Follows

Question 52

Multiple Choice

CCC Construction Company purchased three new tools during 2020 as follows: January 1 $600
March 15 $350
April 30 $470
The maximum CCA deduction for 2020 is:


A) $ 426.
B) $ 590.
C) $2,130.
D) $1,000.

Correct Answer:

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