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Is the following cost deductible from gross income? On March 17, 2019, Wifes LLC purchased new equipment used in her catering business at a cost

Is the following cost deductible from gross income?

On March 17, 2019, Wifes LLC purchased new equipment used in her catering business at a cost of $60,000. The equipment has a 5-year recovery period (ignore 168(g), 168(k) and 179).

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Is the following cost deductible from gross income? On March 17, 2019, Wifes LLC purchased new equipment used in her catering business at a cost

Is the following cost deductible from gross income? On March 17, 2019, Wifes LLC purchased new equipment used in her catering business at a cost of $60,000. The equipment has a 5-year recovery period (ignore 168(g), 168(k) and 179).

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Is the following cost deductible from gross income?

On March 17, 2019, Wifes LLC purchased new equipment used in her catering business at a cost of $60,000. The equipment has a 5-year recovery period (ignore 168(g), 168(k) and 179).