Evaluate the cost recovery deduction

Reference no: EM1373992

Augie purchased one new asset through the year (5 year asset) on 11/10/2013, cost 750k. She made the 179 election. The income from the business before the cost recovery deduction and 179 deductions was 810k. She takes additional first year depreciation. Evaluate the cost recovery deduction with respect to the asset for 2013.

Reference no: EM1373992

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