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Diana acquires, for $264,800, and places in service a 5-year class asset on December 19, 2016. It is the only asset that Diana acquires during

Diana acquires, for $264,800, and places in service a 5-year class asset on December 19, 2016. It is the only asset that Diana acquires during 2016. Diana does not elect immediate expensing under 179. She elects additional first-year deprecation.

Diana's total cost recovery deduction for the asset is $ for 2016.

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