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Barry Purchased a Used Business Asset (Seven-Year Property)on September 30,2016,at

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Barry purchased a used business asset (seven-year property) on September 30,2016,at a cost of $200,000.This is the only asset he purchased during the year.Barry did not elect to expense any of the asset under § 179,did not take additional first-year depreciation (if available) ,and did not elect straight-line cost recovery.Barry sold the asset on July 17,2017.Determine the cost recovery deduction for 2017.


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