On June 1,2015,Gabriella Purchased a Computer and Peripheral Equipment (Five-Year

question 103

Essay

On June 1,2015,Gabriella purchased a computer and peripheral equipment (five-year property) for $25,000.She used the assets 40% for business,50% for the production of income,and 10% for personal use.These are the only assets Gabriella purchased during the current year.Determine her total cost recovery deduction for the current year.

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Definitions:

Connective

A word or phrase that joins together clauses, sentences, or parts of sentences in logical propositions.

Restrictive Clause

A clause that limits or specifies the scope of the noun it modifies and is essential to the meaning of a sentence.

Nonrestrictive Clauses

Clauses that provide additional information which is not essential to the meaning of the sentence and are usually set off by commas.

Restrictive Clauses

Subordinate clauses which serve to precisely define or limit the meaning of a noun in a sentence and are essential to its meaning.