Business, 23.03.2020 23:00 cmir

In 2019, Muhammad purchased a new computer for $16,000. The computer is used 100% for business. Muhammad did not make a $179 election with respect to the computer. He does not claim any available additional first-year depreciation.
Required:
1. If Muhammad uses the MACRS statutory percentage method, determine his cost recovery deduction for 2019 for computing taxable income and for computing his alternative minimum tax.

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In 2019, Muhammad purchased a new computer for $16,000. The computer is used 100% for business. Muha...

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