This preview shows page 1. Sign up to view the full content.
Unformatted text preview: under section 179. $134,000 84,400 = $49,600. Only $49,600 can be elected to be expensed, and thus the answer is D. None of the above. Also, see the top of page 173 for the illustration of the excess property limitation, and IV D. in the lecture outline. I hope this helps you. Sincerely, Dr. Anderson...
View Full Document
- Summer '11