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What should be the amount of cost recovery deduction

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Reference no: EM131693901

Question - Riley Company purchased computer equipment, which is a 5-year recovery property, for $30,000 in February 2015. Assume the company does not elect the Section 179 deduction but does apply bonus depreciation. What should be the amount of cost recovery deduction for 2015?

$18,000

$6,000

$15,000

$30,000

Reference no: EM131693901

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