Multiple Choice
A client placed $2,800,000 of five-year equipment into service in January 2019.Because taxable income is more than $10,000,000,she would like to maximize this year's depreciation deduction.The largest deduction allowed is
A) $2,800,000.
B) $560,000.
C) $1,176,000.
D) $1,020,000.
Correct Answer:
Verified
Correct Answer:
Verified
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