Question: Lars acquired a new network system on June 5, 2021 (five year class property), for $65,000 She expects taxable income hom Ire business will always

Lars acquired a new network system on June 5,
Lars acquired a new network system on June 5, 2021 (five year class property), for $65,000 She expects taxable income hom Ire business will always be about $195 000 without regard to the 5179 election Lars will elect 5179 expensing. She also acquired seven your property in July 2021 for $390,000. (Use Table 64 1) Required: Determine Lars's maximum cost recovery deduction with respect to her purchases in 2021, Leave's maximum costrecovery deduction

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