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W&F Company,a Calendar Year Taxpayer,purchased a Total of $2,594,700 Tangible

Question 82

Multiple Choice

W&F Company,a calendar year taxpayer,purchased a total of $2,594,700 tangible personalty in 2019.How much of this cost can W&F elect to expense under Section 179?


A) -0-
B) $44,700
C) $975,300
D) $1,020,000

Correct Answer:

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