Calculate the maximum depreciation expense including


Question - Litman LLC placed in service on July 29, 2009 machinery and equipment (7 year property) with a basis of $400,000. Litmans income for the current year before expensing was $100,000. Calculate the maximum depreciation expense including section 179 (but ignoring bonus expensing).

A) 0

B) $57160

C) $142870

D) $271435

E) None of the above

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Accounting Basics: Calculate the maximum depreciation expense including
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