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In 2014, Muhammad purchased a new computer for $16,000. The computer is used 100% for business. Muhammad did notmake a 179 election with respect to
In 2014, Muhammad purchased a new computer for $16,000. The computer is used 100% for business. Muhammad did notmake a 179 election with respect to the computer. He does not claim any available additional first-year depreciation. If Muhammad uses the MACRS statutory percentage method, determine his cos recovery deduction for 2014 for computing taxable income and for computing his alternative minimum tax.
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