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Cora,a Calendar-Year Corporation,purchased a New Machine for $35,000 and Some

Question 6

Multiple Choice

Cora,a calendar-year corporation,purchased a new machine for $35,000 and some used office furniture for $180,000 in July 2015.What is Cora's maximum cost recovery deduction for 2015?


A) $52,151
B) $39,295
C) $30,724
D) $29,295

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