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Macadoo's Refining anticipates selling their new $2.5 million distillation unit for $1 million in 10 years. Currently the IRS allows 100% depreciation, so what are
Macadoo's Refining anticipates selling their new $2.5 million distillation unit for $1 million in 10 years. Currently the IRS allows 100% depreciation, so what are the potential tax implications of this asset disposal? $___ of gain/loss/recapture___
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