LO 7.4 18. Deborah purchases a new $30,000 car in 2010 to use exclusively in her business.

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LO 7.4 18. Deborah purchases a new $30,000 car in 2010 to use exclusively in her business. If Deborah does not elect to expense or take bonus depreciation in 2010 and holds the car until it is fully depreciated, how many years will this take? Please show your calculation:

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Income Tax Fundamentals 2011

ISBN: 9780538469197

29th Edition

Authors: Gerald E. Whittenburg, Martha Altus-Buller

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