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Andre acquired a computer on March 3, 2020, for $39,800. He elects the straight-line method for cost recovery. Andre does not elect immediate expensing under
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Andre acquired a computer on March 3, 2020, for $39,800. 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.
Click here to access the depreciation table to use for this problem.
Calculate Andre's cost recovery deduction for the computer for tax years 2020 and 2021. 2020: $ 2021: $
Andre acquired a computer on March 3, 2020, for $39,800. 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.
Click here to access the depreciation table to use for this problem.
Calculate Andre's cost recovery deduction for the computer for tax years 2020 and 2021. 2020: $ 2021: $
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