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On April 15,2014,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 firstyear depreciation (if available).Determine Sam's cost recovery from these two items for 2014.
Negative Consequence
An unpleasant outcome resulting from an action, which is often used as a form of punishment or deterrent.
College Students
Individuals enrolled in higher education institutions, often pursuing degrees or certificates.
Caffeine
A stimulant drug found in coffee, tea, cola, and chocolate that affects the central nervous system.
Depressant Drug
A substance that reduces the functioning of the nervous system, often used to induce calming or sleep-inducing effects.
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