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Question - SLOAN-GREY Corporation (calendar year end) has 2019 taxable income of $904,280 before the §179 expense. During 2019 SLOAN-GREY acquired the following assets:
Asset
Placed in Service
Basis
Machinery
September 12
$1,779,181
Computer Equipment
February 10
1,703,601
Office Building
April 2
1,101,892
Required - What is the maximum amount of §179 expense SLOAN-GREY may deduct for 2019?
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