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Sid bought a new $1,320,000 seven-year class asset on August 2, 2018. On December 2, 2018, he purchased $800,000 of used five-year class assets. If Sid elects § 179 and does not take additional first-year depreciation, what is the maximum cost recovery deduction for these purchases for 2018?
Fundraising Practices
The methods and strategies used by organizations and individuals to solicit and collect financial contributions for various purposes.
Bill Clinton
The 42nd President of the United States, serving from 1993 to 2001, known for a period of economic prosperity and the Monica Lewinsky scandal.
1997 Investigation
This could refer to a specific event or inquiry conducted in the year 1997; additional context is needed for a precise definition.
Special Prosecutor
A legal officer appointed to investigate, and potentially prosecute, cases of legal or governmental wrongdoing, often where there is a conflict of interest for regular prosecutors.
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