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39 2. During 2012, Basil Company purchases new equipment (7-year property) for 40 $100,000 and decides not to take a Section 179 deduction. 1

39 2. During 2012, Basil Company purchases new equipment (7-year property) for 40 $100,000 and decides not to take a Section 179 deduction. 1 42 a. Compute maximum tax depreciation for the equipment for 2012-2019. 3 Year Depreciation calculation 4 2012 * 15 2012 6 2013 17 2014 18 2015 19 2016 50 2017 eady Homework Accessibility Investigate Dep. Exp.

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