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Lenter LLC Placed in Service on April 29,2013 Machinery and Equipment

Question 48

Multiple Choice

Lenter LLC placed in service on April 29,2013 machinery and equipment (7-year property) with a basis of $600,000.Assume that Lenter has sufficient income to avoid any limitations.Calculate the maximum depreciation expense including section 179 expensing (but ignoring bonus expensing) :


A) $85,740
B) $120,000
C) $514,290
D) $585,740
E) None of these

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