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George purchases used seven-year class property at a cost of $200,000 on april 20, 2017.
determine george's cost recovery deduction for 2017 for alternative minimum tax purposes, assuming george does not elect ⧠179 and does not take additional first-year depreciation.
a. $2,500
b. $10,000
c. $14,280
d. $28,580
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Answers: 3
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George purchases used seven-year class property at a cost of $200,000 on april 20, 2017.
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