Question: on july 1 6 , 2 0 x 3 , corp a acquires and immediately places in service a machine at a cost of $

on july 16,20x3, corp a acquires and immediately places in service a machine at a cost of $2,700,000. the machine is the only depreciable asset acquired and/or placed in service during 20x3. what is the maximum irc 179 deduction amount available to corp a for the year?

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