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Hamlet acquires a 7 year class asset on November 23, 2022 for $$415,800 (the only asset acquired during the year) Hamlet does not elect expesnesing
Hamlet acquires a 7 year class asset on November 23, 2022 for $$415,800 (the only asset acquired during the year) Hamlet does not elect expesnesing under 179. He does not claim any available additional first year depreciation. This is Hamlet's only tangible personal property acquisition for the year. Calculate Hamlet's cost recovery deduction for 2022 and 2023
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