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

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Problem 10-60(LO 10-2, LO 10-3)(Algo)
Assume that ACW Corporation has 2021 taxable income of $1,680,000 for purposes of computing the $179 expense. The company acquired the following assets during 2021(assume no bonus depreciation): (Use MACRS Table 1, Table 2 and Table 5.)
\table[[,Placed in Service,Basis],[Machinery , Asset,12- Sep,$488,00
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