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chahana acquired and placed in service $1,185,000 of equipment on August 1, 2019 for use in her sole proprietorship. Th equipment is 5-year recovery property.
chahana acquired and placed in service $1,185,000 of equipment on August 1, 2019 for use in her sole proprietorship. Th equipment is 5-year recovery property. No other acquisitions are made during this year. Chahana elects to expense the maximum amount under Sec. 179, and bonus depreciationis not applied. Chahanas total deductions for 2019(Including Sec. 179 and depreciation) are?
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