What is the maximum code sec 179 deduction available


Question: During 20x2, calendar year Corp. A purchases and places in service office furniture costing $10,000, machinery costing $90,000, computers costing $12,000, and an office building costing $1,060,000, $100,000 of which is allocated to land. These are the only acquisitions of depreciable property acquired during the year. What is the maximum Code Sec. 179 deduction available for 20x2?

 

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Accounting Basics: What is the maximum code sec 179 deduction available
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