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In April 2019, Lenux Corporation (a calendar year business) purchased $1,500,000 of new office furniture. Lenux elects Sec. 179. Lenuxs net income was $3,750,000. Required:
In April 2019, Lenux Corporation (a calendar year business) purchased $1,500,000 of new office furniture. Lenux elects
Sec. 179. Lenuxs net income was $3,750,000.
Required:
Calculate Lenuxs total depreciation deduction for 2019.
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