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  2. Topic
    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 26: Depreciation,cost Recovery,amortization,and Depletion
  5. Question
    In April 2019,Emma Acquired a Machine for $60,000 for Use
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In April 2019,Emma Acquired a Machine for $60,000 for Use

Question 2

Question 2

Multiple Choice

In April 2019,Emma acquired a machine for $60,000 for use in her business.The machine is classified as 7-year property.Emma does not expense the asset under Sec.179 or bonus depreciation.Emma's depreciation on the machine for 2019 is


A) $30,000.
B) $60,000.
C) $6,428.
D) $8,574.

Correct Answer:

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