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Homework: Chapter 1:10 Homework Question 3, Pl:10-25 (similar to HW Score: 20%, 2 of 10 pts OPs of Shelby acquired business machinery (which qualified

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Homework: Chapter 1:10 Homework Question 3, Pl:10-25 (similar to HW Score: 20%, 2 of 10 pts OPs of Shelby acquired business machinery (which qualified as 7-year MACHS property on July 15, 2016, for $25,000 in 2016, by remed a $3.573 aga MACRS ponderon and do 17 bonus depreciation Because of her low as in 2012-2019 Stety did not dam any depredator win the years. She is the machine on July 1, 2019 (Cs the icon to view the MACRS all year comendon rates Read the routrements Requirement a. What is the adjusted basis of the machine on the sale de Select the formule and enter the amounts to completed dell) Reference of the machine on the date (U MAC Year 3- 5-Year 7-Year 10-Year 15-Year 20 Aushed bass at time of sale Your1 20.00 1420 1000 500 3750 Year 2 44.45 32.00 2440 18.00 950 7219 Year 3 14.81 1920 1740 14.40 AM Your 4 741 11.52 1248 1552 7.70 8377 1130 605 922 883 5313 You Your 7 Year 6.76 737 633 5.285 03 685 000 ABM 440 6.56 590 Print Done Save

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