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Determine Debra cost recovery deductions for current year

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Reference no: EM132657212

Problem - Debra acquired the following new assets during 2019.

Date

Asset

Cost

April 11

July 28

November 3

Furniture

Trucks

Computers

$40,000

40,000

70,000

Required - Determine Debra's cost recovery deductions for the current year. Debra does not elect immediate expensing under § 179. She does not claim any available additional first-year depreciation.

Reference no: EM132657212

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