Therefore the current year depreciatio expense is 192

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taken less $144 (straight-line, ½ year)) that would have been taken. Therefore, the current year depreciationexpense is $192 $144 = $48.
ReferencesMultiple ChoiceDifficulty: 3 HardLearning Objective: 02-03 Calculate thededuction allowable under the additionalspecial cost recovery rules (§179, bonus, andlisted property).
69.Award: 1.00 point70.Award: 1.00 pointWhich of the following assets is not eligible for bonus depreciation?
ReferencesMultiple ChoiceDifficulty: 1 EasyLearning Objective: 02-03 Calculate thededuction allowable under the additionalspecial cost recovery rules (§179, bonus, andlisted property).

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