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Tax Drill - Additional First-year Depreciation Diana acquires and places in service a 5 -year class asset, costing $65,000, on December 19, 2023. Diana does

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Tax Drill - Additional First-year Depreciation Diana acquires and places in service a 5 -year class asset, costing $65,000, on December 19, 2023. Diana does not elect immediate expensing under 179. She elects additional first-year depreciation. Click here to access the depreciation table to use for this problem. Diana's total cost recovery deduction for the asset is \$ x for 2023. Feedewk r Check My Work Additional first-year depreciation (also referred to as bonus depreciation) allows taxpayers to take an additional amount of cost recovery in the year qualified property is placed in service

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