BriarHill Inc. purchased four items of tangible personalty in 2012 at a total cost of $2,798,000. BriarHill cannot elect to expense any of the cost of the property under Section 179.

Name: BriarHill Inc. purchased four items of tangible personalty in 2012 at a total cost of $2,798,000. BriarHill cannot elect to expense any of the cost of the property under Section 179.
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Question

Quizplus · Accepted Answer

The statement confirms that BriarHill cannot elect to expense any of the cost of the property under Section 179.