Debra acquired the following new asset during 2015. Date Asset Cost April 11 Furniture...
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Accounting
Debra acquired the following new asset during 2015.
Date Asset Cost
April 11 Furniture $40,000
July 28 Trucks 40,000
November 3 Computers 40,000
Determine Debra's cost recovery deductions for the current year. Debra does not elect immediate expensing under #179. She does not claim any available additional first-year depreciation.
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