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Half-year convention assumes that depreciable property was ________. acquired at the end of the year and has more depreciation than property acquired at the beginning

Half-year convention assumes that depreciable property was ________.

acquired at the end of the year and has more depreciation than property acquired at the beginning of the year

acquired or put in service in the middle of the year

assigned a value that is half of the current market value

a 7-year property

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