Question
2. yellow company purchased the following assets on jan 1,2022 and placed them in service on the dates shown. ABC elected not to use bonus
2. yellow company purchased the following assets on jan 1,2022 and placed them in service on the dates shown. ABC elected not to use bonus depreciation. Computer Equipment 3/1/2022,total installed price =250000(5year-property) Communications Equipment 9/1/2022, total installed price=2800000(7year-property) a.what is the maximum allowed cost recovery for 2022 for the communications equipment only?
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Management Accounting
Authors: Charles T. Horngren, Gary L. Sundem, William O. Stratton, Phillip Beaulieu
6th Canadian edition
013257084X, 1846589207, 978-0132570848
