Question: Question 5 (1 point) In 2017 Kay Smart operates a cosmetic manufacturing business. During the year, the business placed in service $570,000 of five-year property

Question 5 (1 point) In 2017 Kay Smart operates a cosmetic

Question 5 (1 point) In 2017 Kay Smart operates a cosmetic manufacturing business. During the year, the business placed in service $570,000 of five-year property eligible for limited expensing under 179. Ms. Smart wisely elected 179. The maximum amount that she can expense underS 179 is $0 $510,000 $125,000 $500,000 None of the above

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