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Butte Company purchased an automobile for $80,000 on August 5, 2020 (automobiles are typically 5-year property). The car weighed 5,500 pounds. What is Buttes depreciation
Butte Company purchased an automobile for $80,000 on August 5, 2020 (automobiles are typically 5-year property). The car weighed 5,500 pounds. What is Buttes depreciation expense for 2020 (ignore any possible 179 and Bonus depreciation)
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