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A taxpayer places a $50,000 5-year recovery period asset (not an auto) in service in 2022. This is the only asset placed in service in

A taxpayer places a $50,000 5-year recovery period asset (not an auto) in service in 2022. This is the only asset placed in service in 2022. Assuming half-year convention and no immediate expensing, what is the adjusted basis of the assets after applying 2022 bonus depreciation? a. $50,000 b. $10,000 c. $0 d. $25,000

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