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View previous attempt Burbank Corporation (calendar-year-end) acquired the following property this year: (Use MACRS Table 1, Table 2 and Exhibit 10-10) (Round your answer to
View previous attempt Burbank Corporation (calendar-year-end) acquired the following property this year: (Use MACRS Table 1, Table 2 and Exhibit 10-10) (Round your answer to the nearest whole dollar amount.) Part 2 of 2 Placed in Asset Service Basis Used copier New computer equipment Furniture New delivery truck Luxury auto Total November 12 June 6 uly 15 October 28 January 31 10,200 16,400 34,400 21,400 72,400 $ 154,800 4 polnts eBook Burbank acquired the copier in a nontaxable transaction when the shareholder contributed the copier to the business in exchange for stock. Ask Print b. Assuming Burbank would like to maximize its cost recovery deductions by claiming bonus and S179 expense, which assets should Burbank immediately expense? (You may select more than one answer Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) References Used Copier New Computer Equipment Furniture New Delivery Truck Luxury Auto
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