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Question - In June of 2018, Alice acquired her only machine for $30,000 to use in her business. The machine is classified as 5-year property. Alice's maximum depreciation (including bonus) on the machine this year is:
A) $30,000
B) $12,000
C) $18,000
D) $6,000
1.The following selected information is taken from the work sheet for Warton Company as of December 31, 2013.
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