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Harris Corporation is a technology start-up in its second year of operations. The company didn't purchase any assets this year but purchased the following assets

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Harris Corporation is a technology start-up in its second year of operations. The company didn't purchase any assets this year but purchased the following assets in the prior year: Harris did not know depreciation was tax deductible until it hired an accountant this year and didn't claim any depreclation deduction in its first year of operation. (Use MACPS Toble. 1 and Table 2.) Problem 10.55 Part a (Algo) a. What is the maximum amount of depreciation deduction Hattis Corporation can deduct in its second year of operation? Note: Leave no answer blank, Enter zero if applicable. b. What is the basis of the office equipment at the end of the second year? Note: Leave no answer blank. Enter zero if applicable

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