Question
Below are four asset purchases made in 2012. Asset Cost Date Office Table $1,000 January 1, 2012 Office Desk 1,500 September 29, 2012 File Cabinet
Below are four asset purchases made in 2012. Asset Cost Date
Office Table $1,000 January 1, 2012
Office Desk 1,500 September 29, 2012
File Cabinet 2,000 October 15, 2012
Computer 6,000 December 31, 2012
What is the maximum 2012 Section 179 deduction for these purchases?
a. $0 b. $8,000 c. $10,500 d. $2,500
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Managerial Accounting
Authors: Karen Braun, Wendy Tietz, Louis Beaubien
4th Canadian Edition
013544344X, 9780135443446
