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George Purchases Used Seven-Year Class Property at a Cost of $200,000

Question 110

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George purchases used seven-year class property at a cost of $200,000 on April 20, 2012.Determine George's cost recovery deduction for 2012 for alternative minimum tax purposes, assuming George does not elect § 179.


A) $2,500.
B) $10,000.
C) $14,280.
D) $28,580.
E) None of the above.

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