Question
Debra acquired the following new assets during 2019: Date Asset Cost April 11 Furniture $140,000 July 28 Trucks 240,000 November 3 Computers 170,000 Debra does
Debra acquired the following new assets during 2019:
Date Asset Cost
April 11 Furniture $140,000
July 28 Trucks 240,000
November 3 Computers 170,000
Debra does not elect immediate expensing under 179. She does not claim any available additional first-year depreciation.
What is her total cost recovery for 2019?
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Introduction To Financial Accounting
Authors: Charles T Horngren, Gary L Sundem
10th Edition
136122973, 978-0136122975
