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tax question. 1 and 2 are connected, thank you! At the beginning of the current year, Poplock began a calendar-year dog boarding business called Griffs
tax question. 1 and 2 are connected, thank you!
At the beginning of the current year, Poplock began a calendar-year dog boarding business called Griffs Palace. Poplock bought and placed in service the following assets during the year: Assuming Poplock does not elect $179 expensing and elects not to use bonus depreciation, answer the following questions: (Do not round intermediate cakulations. Round your final answers to the nearest whole dollar amount. Leave no answer blank. Enter zero if applicable.) What is the total depreciation amount for the 1st year? QUESTION 2 What is Poplock's year 2 depreciation deduction for each asset? \begin{tabular}{|l|l|} \hline Computer equipment & \\ \hline Office furniture & \\ \hline Truck & \\ \hline Land & \\ \hline \end{tabular} Step by Step Solution
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