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Jacqueline Corporation acquired new office furniture on July 13, 2013, for $80,000. Jacqueline did not elect immediate expensing under Section 179. Jacqueline also elects not to take the additional first-year depreciation. Determine Jacqueline's cost recovery for 2013.

a. $80,000

b. $11,432

c. $8,000

d. $0

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M942295

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