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W&F Company, a Calendar Year Taxpayer, Purchased a Total of $204,700

Question 21

Multiple Choice

W&F Company, a calendar year taxpayer, purchased a total of $204,700 tangible personalty in 2015. How much of this cost can W&F elect to expense under Section 179?


A) -0-
B) $4,700
C) $20,300
D) $25,000

Correct Answer:

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