Question: On May 2 6 , 2 0 2 0 , Peto purchased machinery for $ 3 0 , 0 0 0 to be used in

On May 26,2020, Peto purchased machinery for $30,000 to be used in his business. He did not elect to expense the equipment under 179 or the bonus. On October 10,2024, he sells the machinery to a scrap metal dealer. What is his cost recovery deduction for 2024?(Use Table 6A-1.) Note: Round your answer to the nearest dollar.

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