On June 30,2014,Temika Purchased Office Furniture (7-Year Property)costing $22,000 and Computers
Essay
On June 30,2014,Temika purchased office furniture (7-year property)costing $22,000 and computers (5-year property)with a cost of $19,000.She uses Sec.179.Her business income is $190,000 without considering Sec.179.How should she allocate the 179 election in order to maximize her total cost recovery deductions (depreciation and Sec.179)for 2014 ?
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