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Find maximum tax depreciation

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Reference no: EM132561339

Question - During 2018, Axel Corporation purchases machinery (5-year property) for $200,000 and decides not to take a Sec. 179 deduction.

Required -

1. Find maximum tax depreciation for the machinery for 2018-2023.

2. Find maximum tax depreciation for 2018-2023 if Axel does not take a Sec. 179 deduction and elects out of 100% bonus.

Reference no: EM132561339

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