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please help For the purposes of U S. tax law, examples of depreciable assets are (select all that apply) a large desk that we expect
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For the purposes of U S. tax law, examples of depreciable assets are (select all that apply) a large desk that we expect to keep for 9 months a car to be used by our technical sales representative for the next 3 years a Haas CNC lathe with expected service life of 7 years extra computers that we buy for our additional seasonal staff that we hire for only the months of November and December and that we sell after December an industrial welding robot that costs $220,000 with a planned service life of 3 years When a company is using accounting depreciation, the company is allocating the initial cost of an asset in parts over the depreciable life of the asset. allocating the costs that occur for maintenance of a piece of equipment during the 3rd year of service over the depreciable life of the asset. accounting for all of the cost of an asset in the year in which the asset was purchased
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