Sorensen Corporation purchases eqipment in 2013 for $2,200,000.Sorensen has substantial taxable income and desires to minimize this amount to the fullest extent possible.How much can Sorensen deduct under Section 179?
A) $ 200,000
B) $ 300,000
C) $ 500,000
D) $1,800,000
E) $2,000,000
Correct Answer:
Verified
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