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32. LO.2 Juan acquires a new 5-year class asset on March 14, 2020, for $200,000. This is the only asset Juan acquired during the year.

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32. LO.2 Juan acquires a new 5-year class asset on March 14, 2020, for $200,000. This is the only asset Juan acquired during the year. He does not elect immediate expensing under 8.179. He does not claim any available additional first-year depre- ciation. On July 15, 2021, Juan sells the asset. Determine Juan's cost recovery for 2020. b. Determine Juan's cost recovery for 2021. a. 33L02 Tebrired the followin

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