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D Question 13 1 pts Larry McGee purchased a machine for use in his business on March 2, 2017, at a cost of $650,000.
D Question 13 1 pts Larry McGee purchased a machine for use in his business on March 2, 2017, at a cost of $650,000. The machine qualifies as 5-year recovery property. If McGee elects the full amount of Section 179 expense deduction and takes regular MACRS depreciation, what is the maximum deduction that McGee can claim for 2017? (Ignore bonus depreciation but not the IRC 179 deduction.) O $380,000 O $533,000 $510,000 O $538,000
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