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Marco placed a cash register (Asset Class 57.0) into service for his new restaurant. He is strapped for cash and would like to take the
Marco placed a cash register (Asset Class 57.0) into service for his new restaurant. He is strapped for cash and would like to take the maximum deduction possible in the current year. Which of the following is his best option?
200% declining balance over a GDS recovery period.
150% declining balance over an ADS recovery period.
Straight-line method over a GDS recovery period.
Straight-line method over an ADS recovery period.
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