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Compute the maximum depreciation deduction

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Question - Kleer Corporation (a calendar-year corporation) purchased and placed in service in 2019 a $58,000 new automobile, $400,000 of new furniture, and a $900,000 warehouse (of which $110,000 was for the land) on October 1. Compute the maximum depreciation deduction for the 2019.

Reference no: EM132550362

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