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Business, 31.12.2019 06:31 noeminm105

)in april of 2019, mike acquired a machine for $30,000 to use in his business. it is the only plant asset he purchased this year. the machine is classified as 5-year property. mike does not expense the property under sec. 179 or bonus depreciation. mike's depreciation on the machine for 2019 is

$3,000.

$6,000.

$12,000.

$15,000.

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