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Joe is the sole owner of Triple J, LLC. He is scheduled to buy a F350 Pick-up truck on January 2, 2017. * Sales Price:
Joe is the sole owner of Triple J, LLC. He is scheduled to buy a F350 Pick-up truck on January 2, 2017. * Sales Price: $52,034. Estimated Salvage Value after 5 years of use: $12,034 Straight Line Depreciation selected by Joe. What will the annual depreciation deduction allowable by the IRS?
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