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In 2 0 2 2 , Rydin Company purchased one asset costing $ 4 8 , 4 0 0 and elected to expense the entire
In Rydin Company purchased one asset costing $ and elected to expense the entire cost. However, Rydin could only deduct $ of the Section expense because of the taxable income limitation In Rydin purchased tangible personalty costing $ Rydin's taxable income without regard to any Section deduction was $ in Compute Rydin's Section deduction.
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