Calculate the maximum depreciation deduction

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Reference no: EM133905804

Problem

Crouch LLC placed in service on May 19, 2024, machinery and equipment (seven-year property) with a basis of $3,200,000. Get the instant assignment help. Assume that Crouch has sufficient income to avoid any limitations. Calculate the maximum depreciation deduction including §179 expensing (but ignoring bonus depreciation).

Reference no: EM133905804

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