Question
During 2018, equipment was sold for $440,000. The equipment cost $611,000 and had a book value of $439,300. Accumulated Depreciation - Equipment was $1,045,300 at
During 2018, equipment was sold for $440,000. The equipment cost $611,000 and had a book value of $439,300. Accumulated Depreciation - Equipment was $1,045,300 at 12/31/2017 and $1,195,600 at 12/31/2018. What was the depreciation expense for year 2018?
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Rehabilitation Tax Credit IRS Audit Techniques Guide
Authors: Internal Revenue Service
1st Edition
1304114686, 978-1304114686
