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Accounting
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Woolard Supplies a sole proprietorship has taxable income in of $ before any depreciation deductions bonus, or MACRS and placed some office furniture into service during the year. The furniture does not qualify for bonus depreciation. Use MACRS Table Table Table Table and Table
Note: Do not round intermediate calculations. Round your intermediate calculations and final answers to the nearest whole dollar amount.
Asset Placed In Service Basis
Office furniture used March $
a If Woolard elects $ of what is Woolard's total depreciation deduction for the year?
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