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Rex's Wrecks purchased $1,650,000 i new equipment (7 year property) during 2022. Rex wants to use Section 179 to expense the maximum amount of the
Rex's Wrecks purchased $1,650,000 i new equipment (7 year property) during 2022. Rex wants to use Section 179 to expense the maximum amount of the purchase. Assuming no limitations due to net income restrictions, Rex can expense _____ under Section 179, $____ in bonus depreciation, and $____ in regular MACRS depreciation (rounded to nearest dollar)
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