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Alfred owns a printing company. He purchased a new printer and placed it into use during the tax year. The printer cost $ 9 5
Alfred owns a printing company. He purchased a new printer and placed it into use during the tax year. The printer cost $ Sales tax was $ delivery cost was $ and installation was $ The company took a Section deduction of $ for the machine for the year of purchase prior to calculating any regular depreciation deductions.
What is the basis of the printer that should be used to calculate regular depreciation deduction?
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