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A taxpayer places a $50,000 5-year recovery period asset in service in 2020. This is the only asset placed in service in 2020. Assuming half-year

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A taxpayer places a $50,000 5-year recovery period asset in service in 2020. This is the only asset placed in service in 2020. Assuming half-year convention, no immediate expensing, what is the adjusted basis of of the assets after applying 2020 bonus depreciation? Oa. $0 Ob. $10,000 Oc. $25,000 Od. $50,000 Oe. None of these choices are correct

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