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1. During 2018, Axel Corporation purchases machinery (5-year property) for $200,000 and decides not to take a Sec. 179 deduction. a. Compute maximum tax depreciation
1. During 2018, Axel Corporation purchases machinery (5-year property) for $200,000 and decides not to take a Sec. 179 deduction. a. Compute maximum tax depreciation for the machinery for 2018-2023. C...
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