Multiple Choice
Trenton Corporation places in service $10 million of equipment on June 1,2017.The equipment is five-year property,and it is not "used" property.What is the maximum cost recovery deduction Trenton Corporation is allowed this year with respect to this property?
A) $2,000,000
B) $5,000,000
C) $6,200,000
D) $6,000,000
Correct Answer:
Verified
Correct Answer:
Verified
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