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ABC company purchased the following assets in 2021. Assuming no bonus depreciation, no 179 deduction, and plenty of income, calculate depreciation for years 1 and
ABC company purchased the following assets in 2021. Assuming no bonus depreciation, no 179 deduction, and plenty of income, calculate depreciation for years 1 and 2
a. 3/1, equipment, $20,000
b. 9/1, equipment, $30,000
c. 11/1, equipment. $50,000
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