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Kondar Corporation spent $2,050,000 to purchase used machinery in February 2014 A. What was the maximum the Kondar could elect to expense under Section 179?
Kondar Corporation spent $2,050,000 to purchase used machinery in February 2014 A. What was the maximum the Kondar could elect to expense under Section 179? B. What was the basis for calculating regular MACRS Depreciation on the machinery if he maximum section 179 deduction was elected?
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