On march 23, 2016 Saturn Corporation purchases a $5,000 computer (5 year) for business-use. ON November 27,
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On march 23, 2016 Saturn Corporation purchases a $5,000 computer (5 year) for business-use. ON November 27, 2016 it pays $4,000 for new office furniture (7 year). It does not wish to use the section 179 election to expense. How much depreciation may Saturn deduct on the computer for 2016?
Related Book For
South-Western Federal Taxation 2020 Comprehensive
ISBN: 9780357109144
43rd Edition
Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman
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