Question
On July 15 th of the current year, Alexandre make numerous improvements to a business building he recently purchased. He purchases ($1,500,000) a new heating/cooling
- On July 15th of the current year, Alexandre make numerous improvements to a business building he recently purchased. He purchases ($1,500,000) a new heating/cooling system (39 year useful life for MACRS) and also adds new computers ($50,000) to every room (5 year useful life). What is the maximum cost recovery Alexandre can receive off of these improvements?
- 1,550,000
- 1,055,885
- 27,655
- 67,655
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Intermediate Accounting
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978-0133251579, 133251578, 013216230X, 978-0134102313, 134102312, 978-0132162302
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