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Catherine Purchased Furniture and Fixtures (7-Year Property)for Her Shop for $80,000

Question 67

Multiple Choice

Catherine purchased furniture and fixtures (7-year property) for her shop for $80,000 in May.What AMT depreciation adjustment is required for the year?


A) $0.
B) $2,864.
C) $8,568.
D) $11,432.

Correct Answer:

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