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Johnson Controls, a sole proprietorship, acquired a piece of equipment (five-year class property) on March 2, 20x5, for $2,900,000. Calculate the immediate expensing allowed under
Johnson Controls, a sole proprietorship, acquired a piece of equipment (five-year class property) on March 2, 20x5, for $2,900,000. Calculate the immediate expensing allowed under Section 179.
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