A hair salon purchases a new computer for the checkout desk on October 21, 2015...
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Accounting
A hair salon purchases a new computer for the checkout desk on October 21, 2015 for $1,500, which was the only property it purchased that year. The firm sells the equipment on October 3, 2017. Assume the firm always opts out of Sec. 179 and bonus if available and uses a calendar year tax period. How much total depreciation does the firm have for the computer in 2017?
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