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1. Grape Corporation purchased and placed into service a machine in January of the current year. This was the only asset purchased during the current

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1. Grape Corporation purchased and placed into service a machine in January of the current year. This was the only asset purchased during the current year. Grape Corporation's cost recovery would begin: a. In the current year using a half-year convention. b. In the current year using a mid-month convention. In the current year using a mid-quarter convention d. In the following year using a half-year convention

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