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Angie's Cupcake Shop bought 7-year property furniture in February of Year 1 and sold it...

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Accounting

Angie's Cupcake Shop bought 7-year property furniture in February of Year 1 and sold it in May of Year 3. The original cost of the furniture was $8,200. Assuming Angie is using the MACRS half-year convention for the furniture, her depreciation deduction in the year of sale will be $

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