Question: THIS QUESTION PERTAINS TO THE YEAR 2023 Exercise 8-23 (Algorithmic) (LO. 2, 3) Diana acquires, for $185,600, and places in service a 5-year class asset

THIS QUESTION PERTAINS TO THE YEAR 2023

THIS QUESTION PERTAINS TO THE YEAR 2023 Exercise 8-23 (Algorithmic) (LO. 2,

Exercise 8-23 (Algorithmic) (LO. 2, 3) Diana acquires, for $185,600, and places in service a 5-year class asset on December 19 , 2023. It is the only asset that Diana acquires during 2023. Diana does not elect immediate expensing under 179. She elects additional first-year deprecation. Click here to access the depreciation table to use for this problem. Calculate Diana's total cost recovery deduction for 2023. $x

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