Calculate regal maximum depreciation deduction

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Reference no: EM132058014

Question - Regal Corporation (calendar year corporation) purchased used computer equipment (5-year property) for $3,200,000 in 2015.

A. Calculate Regal's maximum 2015 depreciation deduction assuming the equipment was placed into service April 5, 2015.

B. Calculate Regal's maximum 2015 depreciation deduction assuming the equipment was placed into service November 1, 2015.

Reference no: EM132058014

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