George purchases used seven-year class property at a cost of $200,000 on April 20,2011.Determine George's cost recovery deduction for 2011 for alternative minimum tax purposes,assuming George does not elect § 179 and the maximum cost recovery deduction is taken for regular income tax purposes.
A) $2,500.
B) $10,000.
C) $14,280.
D) $28,580.
E) None of the above.
Correct Answer:
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