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please help! prop 22. LO6 Kris starts a new business in 2020. She purchases 7-year MACRS erty costing $12,000. Her business income before any cost-recovery

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prop 22. LO6 Kris starts a new business in 2020. She purchases 7-year MACRS erty costing $12,000. Her business income before any cost-recovery deductions is $8,000. Kris does not want to claim bonus depreciation. b. How does your answer change if Kris informs you that she plans to make sig. What is the maximum cost-recovery deduction allowable for 2020 nificant investments in personal property over the next 3 years)

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