Question: My answer was 65015. Added 15000 from network system and 50015 from property but it shows incorrect. 6 Betsy acquired a new network system on

My answer was 65015. Added 15000 from network system and 50015 from property but it shows incorrect.

My answer was 65015. Added 15000 from network system and 50015 fromproperty but it shows incorrect. 6 Betsy acquired a new network system

6 Betsy acquired a new network system on June 5, 2019 (5-year class property), for $75,000. She expects taxable income from the business will always be about $175,000 without regard to the $179 election. Betsy will elect $179 expensing. She also acquired 7-year property in July 2019 for $350,000. (Use Table 6A-1) 1.42 points Required: Determine Betsy's maximum cost recovery deduction with respect to her purchases in 2019: eBook Betsy's maximum cost recovery deduction Print References i. .............: :...... Mc Graw Education O Type here to search O EV 12 13 f4 f6Half-Year Convention very Year 3-Year 5-Year 7-Year 10-Year 15-Year 20-Year JID WN = OOO V O UT D WN- 33.33 20.00 14.29 10.00 5.00 44.45 32.00 3.750 24.49 18.00 9.50 14.81 19.20 17.49 7.219 14.40 8.55 7.41 11.52 6.677 12.49 11.52 7.70 11.52 6.177 8.93 9.22 6.93 5.713 5.76 8.92 7.37 6.23 5.285 8.93 6.55 5.90 4.888 4.46 6.55 5.90 4.522 6.56 5.91 4.462 6.55 5.90 4.461 3.28 5.91 4.462 5.90 4.461 5.91 4.462 5.90 4.461 5.91 4.462 16 2.95 4.461 17 4.462 18 4.461 19 4.462 20 4.461 21 2.231 not be used for farm business property generally placed in service after 1988. See Table 14, Rev. Proc. 87-57, 1987-2 CB 687. EV BANG & OLUFS 16 f7 144 f10 f 11 BDI $12 insert & XK 6 7 8

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