[97] Gleim #: 6.2.41 Juliet bought and placed in service computer equipment in 2011. She...
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[97] Gleim #: 6.2.41 Juliet bought and placed in service computer equipment in 2011. She paid $10,000 and received a $2,000 trade-in allowance for her old computer equipment. She had an adjusted basis of $3,000 in the old computer equipment. Juliet used both the old and new equipment 90% for business and 10% for personal purposes. Assuming she elects out of additional first-year depreciation, her allowable Sec. 179 expense deduction is A. B. C. D. $10,000 $10,800 $9,000 $12,000
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