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Business, 24.03.2020 23:00 janaemartinez42

An asset (not an automobile) placed in service in June 2018 has a depreciable basis of $35,000 and a recovery period of 5 years. Assuming bonus depreciation is used, a half-year convention, and no expensing election, what is the maximum amount of cost that can be deducted in 2018?

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An asset (not an automobile) placed in service in June 2018 has a depreciable basis of $35,000 and a...
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