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Song Company, a Calendar Year Taxpayer, Purchased a Total of $214,400

Question 45

Multiple Choice

Song Company, a calendar year taxpayer, purchased a total of $214,400 tangible personalty in 2015. How much of this cost can Song elect to expense under Section 179?


A) -0-
B) $25,000
C) $214,400
D) None of the above

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