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Mountain View Development Co

question 92

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Mountain View Development Co. purchases a new high volume paper shredder for use in their document management department for $20,000 on November 7 of 2014. It was the only piece of depreciable property placed in service during 2014. The paper shredder is 7-year MACRS property, the Section 179 election to expense was not exercised. What is Mountain View's 2014 depreciation deduction on the paper shredder?


Definitions:

Relatedness

The need to have meaningful connections with others, influencing one's social interactions and sense of belonging.

Cultures

The shared values, customs, social behaviors, and artifacts of a group of people that differentiate them from other groups.

Need Theories

Psychological theories that suggest human behavior is motivated by the desire to fulfill specific basic needs, such as physiological, safety, social, esteem, and self-actualization needs.

Universality

The concept that certain principles, ideas, or traits are common, applicable, or beneficial across all cultures, situations, or groups.

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