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Business, 19.02.2020 00:02 gunnatvinson

Rambo Manufacturing Co. purchased $2,825,000 in new production equipment during the current year. All of the equipment was purchased in June. What is the maximum depreciation deduction Rambo can take this year (assuming Rambo elected out of taking bonus depreciation)?

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Rambo Manufacturing Co. purchased $2,825,000 in new production equipment during the current year. Al...
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