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coudl you please, answer question #5,6 Problem #5 (3 points) On June 1, 2018, Amy purchased the following business assets: 1. Equipment for $12,000; 2.
coudl you please, answer question #5,6
Problem #5 (3 points) On June 1, 2018, Amy purchased the following business assets: 1. Equipment for $12,000; 2. Computer for $2,300; 3. Office building for $220,000. Calculate 2018 depreciation (ignore Section 179/Bonus depreciation). Problem #6 (2 points) Becky purchased a Tesla for $100,000 to be used exclusively for business. Calculate the first year's allowable depreciation deduction: a) without bonus depreciation; and b) with bonus depreciation. Problem #5 (3 points) On June 1, 2018, Amy purchased the following business assets: 1. Equipment for $12,000; 2. Computer for $2,300; 3. Office building for $220,000. Calculate 2018 depreciation (ignore Section 179/Bonus depreciation). Problem #6 (2 points) Becky purchased a Tesla for $100,000 to be used exclusively for business. Calculate the first year's allowable depreciation deduction: a) without bonus depreciation; and b) with bonus depreciation Step by Step Solution
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