Heather purchased furniture and fixtures (7-year property) for her retail shop for $50,000. What is...
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Accounting
Heather purchased furniture and fixtures (7-year property) for her retail shop for $50,000. What is the AMT depreciation adjustment required in 2022 if the property was purchased in May 2022, assuming no bonus depreciation was taken? (Use the appropriate Table 6A-1).
Multiple Choice
$0.
$1,790.
$5,355.
$7,145.
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