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On February 1,2021 leo purchased and placed in service a new car that cost 66,000. The business use percentage for the car is always 100%.
On February 1,2021 leo purchased and placed in service a new car that cost 66,000. The business use percentage for the car is always 100%. He does not take the additional first year depreciation or any 179. What is Leo's recovery deduction in 2021 and for 2022
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Cost Accounting A Managerial Emphasis
Authors: Charles T. Horngren, Foster George, Srikand M. Datar, Maureen P. Gowing
5th Canadian Edition
0135004934, 978-0135004937
