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Problem 1 0 - 6 0 ( LO 1 0 - 2 , LO 1 0 - 3 ) ( Static ) Assume that ACW

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Problem 10-60(LO 10-2, LO 10-3)(Static)
Assume that ACW Corporation has 2023 taxable income of $1,500,000 for purposes of computing the $179 expense. The company acquired the following assets during 2023(assume no bonus depreciation): (Use MACRS Table 1, Table 2, and Table 5.)
\table[[Asset,Placed in Service,Basis],[Machinery,September 12,$470,000
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