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On Feb 3, off the current year, Reagan purchased 7 year factory equipment for $50,000 to be used in her trade or business. Calculate her

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On Feb 3, off the current year, Reagan purchased 7 year factory equipment for $50,000 to be used in her trade or business. Calculate her year 1 and 2 depreciation assuming she does not take Section 179 or Bonus Depreciation and 55% of the other personal property assets were purchased in December

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