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Land was originally purchased for $5,000. Assuming the company adopts a policy to use Section 179 and/or bonus depreciation to fully expense all fixed assets

Land was originally purchased for $5,000. Assuming the company adopts a policy to use Section 179 and/or bonus depreciation to fully expense all fixed assets when purchased,determine the following: Accumulated depreciation for tax purposes at 12/31/2023: Depreciation for tax purposes at 3/31/24

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