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Business, 08.11.2019 01:31 tejasheree

Weston acquires a new office machine (seven-year class asset) on august 2, 2017, for $75,000. this is the only asset weston acquired during the year. he does not elect immediate expensing under § 179. he claims the maximum additional first-year depreciation deduction. on september 15, 2018, weston sells the machine.

if required, round your answers to the nearest dollar.

a.) what macrs convention applies to the machine? half-year
weston's cost recovery for 2017 is $

b.) westin's 2018 is $

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Weston acquires a new office machine (seven-year class asset) on august 2, 2017, for $75,000. this i...
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