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On August 14, 2017, Saul Inc. purchased 5-year property for $100,000. What is the maximum deduction that can be claimed under MACRS for 2017? (Ignore
On August 14, 2017, Saul Inc. purchased 5-year property for $100,000. What is the maximum deduction that can be claimed under MACRS for 2017? (Ignore IRC 179 and bonus depreciation.)
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