In August 2013,Tianshu Acquires and Places into Service 7-Year Business

question 89

Essay

In August 2013,Tianshu acquires and places into service 7-year business equipment (tangible personal property qualifying under Sec.179)for $270,000.This is the only asset that she purchased during the year; her taxable income from her trade or business is $130,000.She decides to limit her 179 election to the maximum amount allowable in her business for the current year.What is her maximum cost recovery (Sec.179 and depreciation)deduction for 2013?

---

Definitions:

Stable Conformation

The spatial arrangement of atoms in a molecule that is energetically favorable and has lower internal strain.

Cis-1,4-Dipropylcyclohexane

A cyclohexane derivative where two propyl groups are positioned on the same side of the cyclohexane ring at the 1st and 4th positions.

Stable Conformation

A molecular arrangement that is in a low energy state, making it less reactive and more resistant to changes.

Cis-1,2-Dimethylcyclohexane

An organic compound where two methyl groups are positioned on the same side of a cyclohexane ring, affecting its chemical and physical properties.