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Depreciation Exercises 1. Yellow company purchased the following assets on Dec. 1, 2021 and placed them in service on the dates shown. ABC elected not

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Depreciation Exercises 1. Yellow company purchased the following assets on Dec. 1, 2021 and placed them in service on the dates shown. ABC elected not to use $179 and Bonus Depreciation. - Computer Equipment: 3/1/2022, Total installed price =$250,000(5-year property). - Communications Equipment: 9/1/2022, Total installed price =$2,800,000 (7year property). a. What is the maximum allowed cost recovery for 2022 for the Communications Equipment only

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