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  3. a client placed $4,500,000 of five-year equipment

A client placed $4,500,000 of five-year equipment into service in January 2023. Because taxable income...

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Accounting

  1. A client placed $4,500,000 of five-year equipment into service in January 2023. Because taxable income is more than $10,000,000, she would like to maximize this year's depreciation deduction. The largest deduction allowed is

A) $3,600,000. B) $1,160,000. C) $3,780,000. D) $900,000.

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