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On July 10, 2019, Ariff Places in Service a New

question 55

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On July 10, 2019, Ariff places in service a new SUV that cost $70,000 and weighed 6,300 pounds.The SUV is used 100% for business.Determine Ariff's maximum deduction for 2019, assuming Ariff's § 179 business income is
$110,000.Ariff does not take additional first-year depreciation.


Definitions:

Roller-Element Bearings

Mechanical assemblies containing rolling elements, such as balls or rollers, placed between two rings to facilitate low-friction movement between them.

Classified

Pertains to information that has been officially categorized as confidential, secret, or top secret to protect national security or sensitive data.

Ball Bearings

Mechanical assemblies that consist of rolling spherical elements sandwiched between two rings, used to reduce friction and support radial and axial loads.

Radial

Pertaining to or arranged like rays, often used in reference to circular patterns or movements from the center outward.

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