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Xavier Bought Furniture and Fixtures (7-Year Property)on September 15,2014 for $505,000.He

Question 71

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Xavier bought furniture and fixtures (7-year property)on September 15,2014 for $505,000.He elects to expense as much as possible under Section 179 but does not elect the 50% bonus.Xavier's earned income for the year is $500,000.What is the maximum deduction Xavier can take in 2014 for the equipment? (Round answers to the nearest dollar)

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