Brittany started a law practice as a sole proprietor. She owned a computer printer, desk,...
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Brittany started a law practice as a sole proprietor. She owned a computer printer, desk, and file cabinet she purchased during law school (several years ago) that she is planning to use in her business. Purchase FHV at Time Converted Asset Price to Business Use Computer $ 5,500 $ 3,800 Printer 3,300 3,150 Desk 4,200 4,080 File cabinet 3,200 3,225 Using the above information, what is the depreciable basis that Brittany should use in her business for each asset? Depreciable Basis Asset Computer Printer Desk File cabinet
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