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Robert placed the following assets into service for his packing and shipping company this year: April 3: Desk with a basis of $1,100 July 30:
Robert placed the following assets into service for his packing and shipping company this year:
April 3: Desk with a basis of $1,100
July 30: Computer software with a basis of $4,200
October 30: Delivery truck with a basis of $33,000
All assets were used exclusively for business purposes. How may Robert eliminate the requirement to use mid-quarter convention?
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