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A company originally purchased computer equipment in 2018 for $500,000. The company had been depreciating the machine using applicable MACRS 5-year rates under the half-year
A company originally purchased computer equipment in 2018 for $500,000. The company had been depreciating the machine using applicable MACRS 5-year rates under the half-year convention, and the company also took 50% bonus depreciation when the asset was placed in service. What is the companys adjusted basis in the equipment if it is sold in 2019?
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