Question: After the additional first-year depreciation is determined, the regular MACRS cost recovery deduction is calculated by multiplying the remaining cost recovery basis (original cost recovery

After the additional first-year depreciation is determined, the regular MACRS cost recovery deduction is calculated by multiplying the remaining cost recovery basis (original cost recovery basis less section 179 expense and additional first-year depreciation) by the appropriate MACRS percentage.Group of answer choicesTrueFalse

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