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Audra Acquires the Following New Five-Year Class Property in 2011

Question 84

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Audra acquires the following new five-year class property in 2011:
Audra acquires the following new five-year class property in 2011:    Audra elects § 179 for Asset B and Asset C.Audra's taxable income from her business would not create a limitation for purposes of the § 179 deduction.Audra elects not to take additional first-year depreciation.Determine her total cost recovery deduction (including the § 179 deduction)for the year. Audra elects § 179 for Asset B and Asset C.Audra's taxable income from her business would not create a limitation for purposes of the § 179 deduction.Audra elects not to take additional first-year depreciation.Determine her total cost recovery deduction (including the § 179 deduction)for the year.

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$450,000/$626,000 = ...

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