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On june 5 2011 leo purchased and played in service a new

Question - On June 5, 2011, Leo purchased and played in service a new car that cost $20,000. The business use percentage for the car is always 100%. He elects not to take additional first year depreciation. Compute Leo's cost recovery deduction in 2011 and 2012.

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Accounting Basics: On june 5 2011 leo purchased and played in service a new

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