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Sheena Maskell Sheena Maskell
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Posts: 1902
7 years ago
Mehmet, a calendar-year taxpayer, acquires 5-year tangible personal property in 2010 and does not use Section 179.  Mehmet places the property in service on the following schedule:

Date placed in service   Acquisition Cost
January 15   $50,000
May 25   $100,000
November 8   $200,000

What is the total depreciation for 2008?
Textbook 
Prentice Hall's Federal Taxation: 2011: Individuals

Prentice Hall's Federal Taxation: 2011: Individuals


Edition: 14th
Authors:
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MsLippyMsLippy
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7 years ago
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Sheena M. Author
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7 years ago
I took a chance with your answer

It was right
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