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David, a calendar year taxpayer, acquires several 5 year tangible personal property in 2016 and places them in service on the following schedule: Date Placed
David, a calendar year taxpayer, acquires several 5 year tangible personal property in 2016 and places them in service on the following schedule:
Date Placed in Service Acquisition Cost
January 20 $100,000
April 18 $200,000
November 5 $300,000
Total $600,000
What is the annual depreciation deduction?
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