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On April 15,2016,Sam placed in service a storage facility (a single-purpose agricultural structure)costing $80,000.Sam also purchased and planted fruit trees costing $40,000.Sam does not elect to expense any of the acquisitions under § 179,and he elects not to take additional first-year depreciation (if available).Determine Sam's cost recovery from these two items for 2016.
Operating Cash Inflow
Funds that are generated from a company's normal business operations, reflecting the cash inflows from selling goods and services.
Working Capital
The difference between a company's current assets and its current liabilities, indicating the liquid assets available for day-to-day operations.
Straight-Line Depreciation
A way of allocating an asset's expenditure smoothly over its effective life.
After-Tax Discount Rate
The interest rate used in discounting cash flows that takes into account the tax implications of the investment.
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