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Investment Capital LLP purchased a new accounting valuation software during a 12-month tax year to conduct valuation on new industry start-up clients. Investment Capital purchased
Investment Capital LLP purchased a new accounting valuation software during a 12-month tax year to conduct valuation on new industry start-up clients. Investment Capital purchased the software on April 12th for $25,000. Calculate the maximum depreciation expense for the current year? (ignoring Sec. 179 and bonus depreciation)
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