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3. Sam the Butcher acquires the folowing new five-year class property in 2019. Use $1,020,000 as the maximum 5179 amount: Acquisition Date Cost January 10

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3. Sam the Butcher acquires the folowing new five-year class property in 2019. Use $1,020,000 as the maximum 5179 amount: Acquisition Date Cost January 10 $625,000 | May 16 400,000 November 20 795,000 Sam elects 5179 for Asset first and then Asset C. Sam's taxable income from the butcher shop would not create a Imitation for purposes of the 5 179 deduction. Sarn elects not to take the additional first year depreciation 1. Determine Sam's depreciation deduction for each asset for 2019 2. Determine Sam's total depreciation deduction for 2019

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