Cypress corp. a calendar year corporation purchased a, Ask an Expert

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Cypress Corp., a calendar year corporation, purchased a $750,000 factory building in February, $240,000 of new machinery in April, $90,000 of new office furniture in August, $130,000 of used machinery in October, and $140,000 of new office furniture in December. What is Cypress Corp.'s maximum cost recovery deduction for 2012 assuming the corp. expects income before depreciation deductions to be at least $800,000?

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