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What is the maximum depreciation in 2012 for a new computer used 80% for business that was acquired on July 2, 2012, for $3,000? Assume Section 179 is not elected and that this is the only property placed in service during 2012.

a. $2,400

b. $1,200

c. $480

d. $1,800

e. $1,440

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