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Each situation is separate from the other. Be sure to consider bonus, Section 179, mid-year or mid- quarter depreciation. Show your work for partial credit.
Each situation is separate from the other. Be sure to consider bonus, Section 179, mid-year or mid- quarter depreciation. Show your work for partial credit. Find depreciation- be sure to watch dates. 1. New passenger luxury automobile purchase price $53,000. March 10, 2021. No bonus or Section 179 depreciation. Find depreciation for 2021. 1a. Same passenger luxury automobile- Find depreciation for 2021 if they took Bonus depreciation. Each situation is separate from the other. Be sure to consider bonus, Section 179, mid-year or mid- quarter depreciation. Show your work for partial credit. Find depreciation- be sure to watch dates. 1. New passenger luxury automobile purchase price $53,000. March 10, 2021. No bonus or Section 179 depreciation. Find depreciation for 2021. 1a. Same passenger luxury automobile- Find depreciation for 2021 if they took Bonus depreciation
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