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Debra acquired the following new assets in 2016: -On April 11, she acquired furniture at a cost of $40,000. - On July 28, she acquired
Debra acquired the following new assets in 2016: -On April 11, she acquired furniture at a cost of $40,000. - On July 28, she acquired trucks at a cost of $40,000. - On November 3, she acquired computers at $70,000. Determine Debra's cost recovery deductions for the current year. Debra does not elect immediate expensing under S 179. She does not claim any available additional first year depreciation.
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