Question: During the year 2 0 2 3 , a calendar - year taxpayer, Marvelous Munchies, a chain of specialty food shops, purchased equipment as follows:

During the year 2023, a calendar-year taxpayer, Marvelous Munchies, a chain of specialty food shops, purchased equipment as follows:
\table[[Date,Asset,Cost],[March 3,5 Year Property,$700,000
During the year 2023, a calendar-year taxpayer, Marvelous Munchies, a chain

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