He elects not to take additional first-year depreciation. On July 15, 2013, Juan sells the asset. a.
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He elects not to take additional first-year depreciation. On July 15, 2013, Juan sells the asset.
a. Determine Juan’s cost recovery for 2012.
b. Determine Juan’s cost recovery for 2013.
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Related Book For 
South Western Federal Taxation 2013 Individual Income Taxes
ISBN: 9781133189558
36th Edition
Authors: William Hoffman, James E. Smith
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