Cost of new computer expense

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In reviewing Jeff's receipts and tax records, you discover that he has incurred numerous personal and business expenses. On the chart, mark which expenses (1) are currently deductible, (2) must be capitalized and depreciated over a period of years, or (3) are not currently deductible. Then, indicate the correct answer to the following question:

Which category is the correct answer for the cost of new computer expense?

Reference no: EM133266539

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