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W&F Company, a calendar year taxpayer, purchased a total of $2,794,700 tangible personalty in 2022. How much of this cost can W&F elect to expense

W&F Company, a calendar year taxpayer, purchased a total of $2,794,700 tangible personalty in 2022. How much of this cost can W&F elect to expense under Section 179?

correct answer 985,300

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