17. Under final regulations issued in 2013, which of the following is a requirement for the de minimis rule, which allows taxpayers not to capitalize amounts paid for the acquisition or production of a unit of property? A. The total aggregate of amounts paid and not capitalized for the taxable year are less than or equal to one-tenth percent of the taxpayer's gross receipts. B. The taxpayer has, at the beginning of the taxable year, accounting procedures treating as an expense for nontax purposes the amounts paid for property costing less than a certain dollar amount. C. The total aggregate of amounts paid and not capitalized for the taxable year does not distort income. 18. A cost segregation study reduces taxes by: A. Capturing costs that were missed during the construction period. B. Reclassifying property from longer life depreciation classes to shorter life depreciation classes. C. Minimizing how much cost must be capitalized during the construction period of the building. 19. How does electing out of the new business interest limitation of the Tax Cuts and Jobs Act impact depreciation? A. It limits the taxpayer to 50-percent bonus depreciation. B. It disallows bonus depreciation for tangible personal property. C. The election requires the taxpayer to use ADS depreciation for real estate, which is not eligible for bonus depreciation