A client placed $4,500,000 of five-year equipment into service in January 2023. Because taxable income...
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Accounting
A client placed $4,500,000 of five-year equipment into service in January 2023. Because taxable income is more than $10,000,000, she would like to maximize this year's depreciation deduction. The largest deduction allowed is
A) $3,600,000. B) $1,160,000. C) $3,780,000. D) $900,000.
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