Western acquires used office machine seven-tear class asset

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Reference no: EM13591883

Western acquires used office machine (seven-tear class asset) on November 2, 2011, for $75000. This is the only asset acquired by western during the year. He does not elect immediate expensing under ss179. On September 15, 2012, western sells the machine.
a. determine Weston's cost recovery for 2011
b. determine Weston's cost recovery for 2012

Reference no: EM13591883

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