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Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
Edition 8ISBN: 978-1305585454 Exercise 41
Trident Developers purchased a computer system for $75,000 on April 27, 2014. The computer system is used for business 300% of the time. The accountant for the company elected to take a $10,000 Section 179 deduction, and the asset qualified for a special depreciation allowance, (see Table 17-4)
a. What was the basis for depreciation of the computer system
b. What was the amount of the first year's depreciation using MACRS
a. What was the basis for depreciation of the computer system
b. What was the amount of the first year's depreciation using MACRS
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Contemporary Mathematics for Business & Consumers 8th Edition by Robert Brechner,Geroge Bergeman
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