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In July 2013, Cassie purchases equipment for $55,000 to be used in her business. Assuming Cassie has a small net loss from her business prior

In July 2013, Cassie purchases equipment for $55,000 to be used in her business. Assuming Cassie has a small net loss from her business prior to the deduction, what is the maximum amount of cost recovery Cassie can deduct?

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