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Line 13 of IRS Schedule C (Form 1040) allows a firm to take depreciation as an expense. IRS Publication 946 explains more than you might ever want to know about depreciation. However, use it to learn about Section 179 and straight-line depreciation methods. In about four sentences or so, briefly identify what you think is most important about how Section 179 depreciation works and how straight-line depreciation works.

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