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Diana acquires, for $ 1 9 0 , 4 0 0 , and places in service a 5 - year class asset on December 1
Diana acquires, for $ and places in service a year class asset on December It is the only asset that Diana acquires
during Diana does not elect immediate expensing under She elects additional firstyear deprecation.
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Calculate Diana's total cost recovery deduction for
$
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Additional firstyear depreciation also referred to as bonus depreciation allows taxpayers to take an additional amount of cost recovery in the
year qualified property is placed in service.
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