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Cost recovery deduction using the macrs table

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Reference no: EM131627000

In June of the current year, Don Miller purchased new manufacturing equipment (seven-year property) for use in his business. The cost of the equipment was $14,300. Set-up charges totaled $2,700. Don does not use Section 179.

What is the first-year cost recovery deduction using the MACRS table?

Reference no: EM131627000

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