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Question - Dana forms a small manufacturing company. Her company places the following ng properties into service during the year, on the dates indicated:

Type of property

Date placed in service

Cost

Business building

April 6

$275,000

Furniture

June 5

$57,000

Machinery

September 2

$65,000

Computer

December 27

$25,000

She chooses not to complete Section 179 expense, and also elects not to take bonus depreciation. She uses MACRS depreciation. Calculate the first year depreciation on the building, and also on the machinery?

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