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Hi, I'm having trouble solving the question below. The United Express Company begins business in August 2018 by purchasing the assets listed in the table
Hi,
I'm having trouble solving the question below.
The United Express Company begins business in August 2018 by purchasing the assets listed in the table below.
Refer to the MACRS Depreciation Tables to answer the following question.
Note: Round your intermediate computations to the nearest dollar.
AssetCost
Trucks$588,000Tractor units55,000Office equipment466,000
If United Express elects not to claim bonus depreciation, the maximum MACRS depreciation on the assets (including a possible Section 179 election) for 2018 would be $ ?
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