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During the Year 2014, a Calendar Year Taxpayer, Marvelous Munchies

Question 60

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During the year 2014, a calendar year taxpayer, Marvelous Munchies, a chain of specialty food shops, purchased equipment as follows:
During the year 2014, a calendar year taxpayer, Marvelous Munchies, a chain of specialty food shops, purchased equipment as follows: Assume the property is all 5-year property. What is the maximum depreciation that may be deducted for the assets this year, 2014, assuming the alternative depreciation system is not chosen? Assume the property is all 5-year property. What is the maximum depreciation that may be deducted for the assets this year, 2014, assuming the alternative depreciation system is not chosen?

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