Sami, Incorporated purchased two assets during the current year (a full 12-month tax year). On...
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Sami, Incorporated purchased two assets during the current year (a full 12-month tax year). On August 10, Sami placed in service computer equipment with a basis of $20,000 and on November 18 placed in service machinery with a basis of $10,000. Calculate the maximum depreciation expense (ignoring 179 and bonus depreciation). (Round final answer to the nearest whole number.)
Sami, Incorporated purchased two assets during the current year (a full 12-month tax year). On August 10, Sami placed in service computer equipment with a basis of $20,000 and on November 18 placed in service machinery with a basis of $10,000. Calculate the maximum depreciation expense (ignoring 179 and bonus depreciation). (Round final answer to the nearest whole number.)
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