She elects not to take additional first-year depreciation. a. Determine Loris total deduction if the 179

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She elects not to take additional first-year depreciation.

a. Determine Lori’s total deduction if the § 179 expense is first taken with respect to the five-year class asset.

b. Determine Lori’s total deduction if the § 179 expense is first taken with respect to the seven-year class asset.

c. What is your advice to Lori?

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