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calor McKenzie purchased qualifying equipment for his business that cost $1,300,000 in 2019. The taxable income of the business for the year is $600,000 before

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calor McKenzie purchased qualifying equipment for his business that cost $1,300,000 in 2019. The taxable income of the business for the year is $600,000 before consideration of any Sec. 179 deduction. McKenzie does not claim any available additional first-year depreciation. Calculate McKenzie's Sec. 179 expense deduction for 2019 and any carryover to 2020. Answer (please show the detailed calculations for credits)

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