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Karl purchases equipment classified as 7-year property on July 19, 2016, at a cost of $80,000. He sells the equipment on February 12, 2019. Section
Karl purchases equipment classified as 7-year property on July 19, 2016, at a cost of $80,000. He sells the equipment on February 12, 2019. Section 179 was not elected. What is Karl's 2019 depreciation deduction?
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