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Willis Corporation (a calendar-year corporation) purchased $550,000 of machinery (7-year property) on August 1, 2019. No other property was acquired in 2019. What is the

Willis Corporation (a calendar-year corporation) purchased $550,000 of machinery (7-year property) on August 1, 2019. No other property was acquired in 2019. What is the maximum depreciation expense Willis Corporation can claim for 2019?

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