dreamn4844 dreamn4844

03-01-2023
Business

Answered

two years ago, maxwell purchased a computer (five-year property) for use in his business at a cost of $12,000. cost recovery deductions total $7,392. the computer was sold for $6,000. what is the amount of cost recovery deductions, if any, that must be recaptured? a) $1,392 b) $6,000 c) $0 d) $7,392

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