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In 2019, Nesco, a calendar year corporation, placed the following assets into service: Asset Computer Equipment Office Furniture Pickup Truck Placed in Service Date Original
In 2019, Nesco, a calendar year corporation, placed the following assets into service: Asset Computer Equipment Office Furniture Pickup Truck Placed in Service Date Original Basis 3/23/2019 5,000 5/12/2019 17,000 11/15/2019 10,000 In addition, Nesco had the following assets already in service in the business: Asset Machinery Furniture Depreciation Placed in Service Date Original Basis Convention Used 2/15/2017 150,000 Half Year 11/24/2018 25,000 Mid Quarter Nesco's taxable income before considering depreciation is $850,000. If Nesco does not take Section 179 expense or bonus depreciation for the year, what is the total depreciation deduction for 2019? Suggested Template for Answer: Asset Placed in Service Date Original Basis Depreciation Rate Depreciation
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