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On September 2, 2012, a calendar-year company purchases a used machine (5-year property) for $149,000. What is the maximum tax deduction for the machine in

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On September 2, 2012, a calendar-year company purchases a used machine (5-year property) for $149,000. What is the maximum tax deduction for the machine in 2013? $17,600 $1,600 $3,200 $35,200 What is the maximum tax deduction for the machine in 2017 (Year 6)? $0, because the machine has a 5-year recovery period $576 $3,226 $6,451

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