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What is the first-year cost recovery deduction using the

In June of the current year, Don Miller purchased new manufacturing equipment (seven-year property) for use in his business. The cost of the equipment was $14,300. Set-up charges totaled $2,700. Don does not use Section 179.

What is the first-year cost recovery deduction using the MACRS table?

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Finance Basics: What is the first-year cost recovery deduction using the

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