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Lenter LLC Placed in Service on April 29, 2019, Machinery

Question 83

Multiple Choice

Lenter LLC placed in service on April 29, 2019, machinery and equipment (seven-year property) with a basis of $1,600,000.Assume that Lenter has sufficient income to avoid any limitations.Calculate the maximum depreciation deduction including §179 expensing (but ignoring bonus expensing) .(Use MACRS Table 1.)


A) $228,640.
B) $1,020,000.
C) $1,102,882.
D) $1,228,640.
E) None of the choices are correct.

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