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29. Rob owns a manufacturing company - during 2023 he invests in equipment for his...

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Accounting

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29. Rob owns a manufacturing company - during 2023 he invests in equipment for his company. The cost of the investments are $200,000 - the equipment is 7 year property. Rob asks you what is the most depreciation he can legally take - what do you tell him \& why? a) $572,861 b) $200,000 c) $520,000 d) $650,000

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