Debra acquired the following new assets during 2015. Date Asset Cost April 11........Furniture.............$40,000 July 28............Trucks..................40,000 November 3...Computers.........70,000

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Debra acquired the following new assets during 2015.

Date Asset Cost

April 11........Furniture.............$40,000

July 28............Trucks..................40,000

November 3...Computers.........70,000

Determine Debra's cost recovery deductions for the current year. Debra does not elect immediate expensing under § 179. She does not claim any available additional first-year depreciation.

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South Western Federal Taxation 2016 Comprehensive

ISBN: 9781305395114

39th Edition

Authors: James H. Boyd, William H. Jr. Hoffman, David M. Maloney, William A. Raabe, James C. Young

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Question Posted: Mar 31, 2017 02:38 PM

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Debra acquired the following new assets during 2015. Date Asset Cost April 11........Furniture.............$40,000 July 28............Trucks..................40,000 November 3...Computers.........70,000

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South Western Federal Taxation 2016 Comprehensive

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