Audra Acquires the Following New Five-Year Class Property in 2017

question 52

Essay

Audra acquires the following new five-year class property in 2017:
Audra elects § 179 treatment for Asset C. Audra's taxable income from her business would not create a limitation for purposes of the § 179 deduction. Audra claims the full available additional first-year depreciation deduction. Determine her total cost recovery deduction (including the § 179 deduction) for the year.

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Definitions:

Ammonia

A colorless gas with a pungent smell, composed of nitrogen and hydrogen (NH3), used in various industrial processes.

2-Bromo-2-Methylbutane

An organic compound known as a halogenated hydrocarbon, characterized by a bromine atom attached to the second carbon of a 2-methylbutane molecule.

Nucleophilic Substitution

A class of chemical reactions in which an electron-rich nucleophile selectively attacks an electron-deficient site on a molecule, displacing a leaving group.

Chloropyridines

Organic compounds consisting of a pyridine ring substituted with one or more chlorine atoms.