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James Bond, Inc., a calendar year corporation, placed the following assets into service this year, 2016: Intital Recovery Date Placed Asset Cost Period in Service

James Bond, Inc., a calendar year corporation, placed the following assets into service this year, 2016:

Intital Recovery Date Placed

Asset Cost Period in Service

Heavy Manufacturing Equip $ 500,000 7 years March 9

Furniture $ 197,000 7 years June 5

Transportation Equip. $ 435,000 5 years July 29

Office Equipment $ 128,500 5 years September 25

In December, James Bond decided to purchase $925,000 of additional equipment. The corporation could buy the equipment and place it into service before year end, or it could postpone the purchase until January. What effect does this decision have on the corporations depreciation with respect to the assets already in service?

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