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Lars acquired a new network system on June 5 , 2 0 2 3 ( five - year class property ) , for $ 7
Lars acquired a new network system on June fiveyear class property for $ She expects taxable income from the business will always be about $ without regard to the $ election. Lars will elect $ expensing. She also acquired sevenyear property in July for $Use Table A
Required:
Determine Lars's maximum cost recovery deduction with respect to her purchases in
Answer is complete but not entirely correct.
Lars's maximum cost recovery deduction
$
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