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  3. amit purchased two assets during the current year.

Amit purchased two assets during the current year. On April 16th Amit placed in service...

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Accounting

Amit purchased two assets during the current year. On April 16th Amit placed in service computer equipment with a basis of $5,000 and on October 5th placed in service furniture with a basis of $20,000. Calculate the total maximum depreciation deduction (ignoring 179 and bonus depreciation).

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