May 24, 2016

Homework Help: tax

Posted by Andy on Tuesday, March 20, 2012 at 1:24pm.

On July 15, 2009, Travis purchased some office furniture for $20,000 to be used in his business. He did not elect to expense the equipment under 179 or bonus. On December 15, 2011, he sells the equipment. What is his cost recovery deduction for 2011?

A. $0

B. $1,749

c. $3,498

is it C

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