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Andre acquired a computer on March 3, 2019, for $17,400. He elects the straight-line method for cost recovery. Andre does not elect immediate expensing under
- Andre acquired a computer on March 3, 2019, for $17,400. He elects the straight-line method for cost recovery. Andre does not elect immediate expensing under 179. He does not claim any available additional first-year depreciation.
- Calculate Andre's cost recovery deduction for the computer for tax years 2019 and 2020.
- 2019: $
- 2020: $
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College Accounting A Practical Approach
Authors: Jeffrey Slater
12th edition
978-0132772068, 133468100, 013277206X, 9780133468106, 978-0133133233
