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Razorback Sports Inc. purchased equipment on July 1, 2016. Razorback Sports took the maximum amount...

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Accounting

Razorback Sports Inc. purchased equipment on July 1, 2016. Razorback Sports took the maximum amount of 179 depreciation (no bonus depreciation). The equipment is all 7 year property. (The corporation uses MACRS depreciation for tax purposes.)

a.

Cost of the equipment

832,500

Find the depreciation form 2019.

Answer & Explanation Solved by verified expert
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