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In May 2021, Marco Company purchased used equipment (5year asset) to be used in the business from an unrelated taxpayer for $9,500. Marco Company did

In May 2021, Marco Company purchased used equipment (5year asset) to be used in the business from an unrelated taxpayer for $9,500. Marco Company did not elect Section 179. What is Marco's maximum allowable tax depreciation deduction for 2021?

Group of answer choices:

$1,900

$5,000

$9,500

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