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On June 10, 2015, Huron purchased equipment (7-year class property) for $68,000. Determine Hurons cost recovery deduction for computing 2015 taxable income. Assume Huron does
On June 10, 2015, Huron purchased equipment (7-year class property) for $68,000. Determine Hurons cost recovery deduction for computing 2015 taxable income. Assume Huron does not make the 179 election or take the bonus. (Use Table 6A-1) (Round your answer to 2 decimal places.)
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