Viva Inc. purchases new equipment $(5$ Year MACRS property$)$ at a cost of $90,000$ on March $1$st$,2018.$ It is on a calendar year basis and also purchases a machine $(7$ Year MACRS property$)$ on December $27$th$,2018,$ at cost of $$100,000.$ Viva wants to maximize its deduction and has business income of $$1,000,0000($before $179$ deduction$).$ How much can Viva claim in maximum total deductions for $2018?$

  

Answer rating: 100% (QA)

To calculate the maximum total deductions for Viva Inc in 2018 we need to determine the depreciation ... View the full answer