May 26, 2016

Homework Help: income tax

Posted by Andy on Wednesday, March 21, 2012 at 12:18pm.

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. $2,858
D. $3,498

is it C

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