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plzz help QUESTION 16 2 po 1. You buy a new piece of equipment for $17.000. You use it 100% for business. It is a
plzz help
QUESTION 16 2 po 1. You buy a new piece of equipment for $17.000. You use it 100% for business. It is a 5-year property. Asume that year convention. Asume o section 17 ob depreciation. What is the depreciation deduction for the current year? $13.600 $3,400 $17.000 $2.720 QUESTION 17 Joe purchases an $80,000 automobile that he uses 90% for work. It is a 5-year property. Assumehall-year convertion. Assume no section 179, but Joes does use the automatic additional depreciation (aka bonus depreciation). The luxury auto IRS tables states $18.100 is the current years olling for passenger vehicles. What is the depreciation deduction for the current year? $18,100 $16,290 $72.000 $14,400 Step by Step Solution
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