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1. Below are the only four asset purchases made in 2018 for a company with a net income before depreciation of $125,000. Asset Cost
1. Below are the only four asset purchases made in 2018 for a company with a net income before depreciation of $125,000. Asset Cost Date Office Table $1,000 January 1 Office Desk 1,500 April 29 File Cabinet 2,000 Feb. 15 Computer 6,000 March 31 What is the maximum 2018 Sec. 179 deduction for these purchases?
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