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C-3PO LLC purchased two assets during the current year (a full 12-month tax year). On November 16 C-3PO placed in service computer equipment (five-year property)
C-3PO LLC purchased two assets during the current year (a full 12-month tax year). On November 16 C-3PO placed in service computer equipment (five-year property) with a basis of $27,500 and on April 20 placed in service furniture (seven-year property) with a basis of $18,500. Calculate the maximum depreciation expense. (Round final answer to the nearest whole number.) $3,248 $43,600. $4,677 $21,800 $6,535
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