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3) The Trevor Company put the following assets in service during 2019: On Jule 1 a non-residential building costing $1,200,000. On July 24 office furniture
3) The Trevor Company put the following assets in service during 2019: On Jule 1 a non-residential building costing $1,200,000. On July 24 office furniture costing $750,000 considered 7 year property. On November 28 machinery for $520,000 considered 5 year property. Determine the depreciation deduction assuming the following: (10 Points) A) Trevor does not claim Sec. 179 expensing. B) Trevor claims Sec. 179 expensing to the furniture first. C) Trevor claims Sec 179 expensing to the machinery first
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