ebook CHIC Br. Tax Drill - Compute Cost Recovery Lucid acquires a 7-year dass asset on May 9, 2020, for $80,000, Eudid does not dect immediate expensing under $179. He does not daim any available additional first-year depreciation. Click here to access the depredation table to use for this problem, Euclid's cost recovery deduction is for 2020 and for 2021. Tata Check My Work Previous Next > 0 26 7:29 PM 10/1/2020 a 3 H 6 N 2 USE YOUR SMARTPHONE FOR