Solution-Calculate the first year depreciation on the

Calculate the first year depreciation on the building

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Reference no: EM131962002

Question - Dana forms a small manufacturing company. Her company places the following ng properties into service during the year, on the dates indicated:

Type of property	Date placed in service	Cost
Business building	April 6	$275,000
Furniture	June 5	$57,000
Machinery	September 2	$65,000
Computer	December 27	$25,000

She chooses not to complete Section 179 expense, and also elects not to take bonus depreciation. She uses MACRS depreciation. Calculate the first year depreciation on the building, and also on the machinery?

Reference no: EM131962002

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Calculate the first year depreciation on the building

Reference no: EM131962002

Reference no: EM131962002

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