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Hazel purchased a business asset five - year property on

Question - Hazel purchased a business asset (five - year property) on March 10, 2015, at a cost of $80,000. She did not elect to expense any of the asset under section 179, nor did she elect straight- line cost recovery. Hazel sold the asset on January 20, 2018. Determine the cost recovery deduction for 2018.

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Accounting Basics: Hazel purchased a business asset five - year property on

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Accounting Basics: Hazel purchased a business asset five - year property on

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