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Columbia, Inc. bought a new car for $60,000 on June 24, 2020. How much may Columbia, Inc. deduct for depreciatoin expense in 2020 (ignore any
Columbia, Inc. bought a new car for $60,000 on June 24, 2020. How much may Columbia, Inc. deduct for depreciatoin expense in 2020 (ignore any possible Sec. 179 or bonus depreciation)?
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