Song Company, a Calendar Year Taxpayer, Purchased a Total of $2,214,400

question 58

Multiple Choice

Song Company, a calendar year taxpayer, purchased a total of $2,214,400 tangible personalty in 2013. How much of this cost can Song elect to expense under Section 179?

• A)-0-
• B)$139,000
• C)$214,400
• D)None of the above

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