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Burbank Corporation (calendar-year-end) acquired the following property this year: (Round your answer to the nearest whole dollar amount.) Asset Placed in Service Basis Used copier

Burbank Corporation (calendar-year-end) acquired the following property this year: (Round your answer to the nearest whole dollar amount.)

Asset Placed in Service Basis

Used copier November 12 $7,800

New computer equipment June 6 $14,000

Furniture July 15 $32,000

New delivery truck October 28 $19,000

Luxury auto January 31 $70,000

Total$142,800

Burbank acquired the copier in a tax-deferredtransaction when the shareholder contributed the copier to the business in exchange for stock.

c.What is Burbank's maximum cost recovery deduction this year assuming it elects 179 expense and claims bonus depreciation?

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