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For the following scenario, determine the total depreciation amount for 2 0 2 3 assuming the taxpayer opted out of Sec. 1 7 9 and
For the following scenario, determine the total depreciation
amount for assuming the taxpayer opted out of Sec.
and bonus if they were available in the year of
purchase. In addition, assume all taxpayers use a calendar
year tax period and that the property mentioned was the
only property purchased in the year of acquisition.
Fill in the blank: A restaurant purchased booths and
chairs totaling $ on November and
kitchen equipment costing $ on June
Total depreciation for is $
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