Question: the answer for q 1 is C and q 2 is A but i don't how to get that right number please explain 1. Anna
the answer for q 1 is C and q 2 is A but i don't how to get that right number please explain
1. Anna purchased a warehouse on March 10, 2018, for $2,000,000. Determine the cost recovery deduction for 2018 a. $10,684 b. $57,576 c. $40,598 d. $51,282 e. None of the above 2. Barb placed in service the following 7 year property in 2018: $42,000 in February and $70,000 in November. No other property was placed in service during the year. Sec. 179 was not elected and she elected out of bonus depreciation. 2018 cost recovery was: a. $13,000 b. $16,005 c. $ 8,502 d. $ 4,000 e. None of the above
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