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37. In May 2011, Cassie acquired a "used" machine for $30,000 to use in her...

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Accounting

37. In May 2011, Cassie acquired a "used" machine for $30,000 to use in her business. The machine is classified as 5 year property. Cassie does not expense the property under Sec. 179. Cassie's depreciation on the machine for this year is?

a. $3,000

b. $6,000

c. $12,000

d. $30,000

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