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  1. business
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  3. calculate the following amounts a. the first year

Calculate the following amounts a. The first year of depreciation on a residential rental building...

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Accounting

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Calculate the following amounts a. The first year of depreciation on a residential rental building costing $100,000, purchased on November 30. b. The first year of depreciation on an auto used 100 percent in business, costing $30,000, purchased in May 2017. (No bonus depreciation deducted). c. The second year of depreciation on a computer used exclusively for business, costing $7,000, purchased May 2016. d. The third year of depreciation on business furniture costing $1,000, purchased in July 2015, using the half- year convention and accelerated depreciation. HTML Edito

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