Multiple Choice
In 2012, B purchased a crane to be used entirely for business.He spent a total of $475,000.He decided to use the limited-expensing election.What is the total depreciable basis for the mini-computer?
A) $500,000
B) $475,000
C) $0
D) $350,000
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
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