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Barbara's Bakery purchased three new assets during the prior year. She chose NOT to use Section 1 7 9 to immediately expense the assets and
Barbara's Bakery purchased three new assets during the prior year. She chose NOT to use Section to immediately expense the assets and she elected NOT to use bonus depreciation. She purchased furnishings for $ in April, equipment for $ in July, and appliances for $ in November. Using the MACRS tables in the textbook with a year recovery period, what is the amount of depreciation that can be taken on these assets in the current second year? Multiple choice question. $ $ $ $
Barbara's Bakery purchased three new assets during the prior year. She chose NOT to use Section to immediately expense the assets and she elected NOT to use bonus depreciation. She purchased furnishings for $ in April, equipment for $ in July, and appliances for $ in November. Using the MACRS tables in the textbook with a year recovery period, what is the amount of depreciation that can be taken on these assets in the current second year?
Multiple choice question.
$
$
$
$
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