On July 15 th of the current year, Alexandre make numerous improvements to a business building he
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- On July 15th of the current year, Alexandre make numerous improvements to a business building he recently purchased. He purchases ($1,500,000) a new heating/cooling system (39 year useful life for MACRS) and also adds new computers ($50,000) to every room (5 year useful life). What is the maximum cost recovery Alexandre can receive off of these improvements?
- 1,550,000
- 1,055,885
- 27,655
- 67,655
Related Book For
Intermediate Accounting
ISBN: 978-0132162302
1st edition
Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella
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