Andre acquired a computer on March 3, 2019, for $2,800. He elects the straight-line method for cost recovery. Andre does not elect immediate expensing under § 179. He does not claim any available additional first-year depreciation. Click here to access the depreciation table to use for this problem. Calculate Andre's cost recovery deduction for the computer for tax years 2019 and 2020. 2019: $ 2020:
Andre acquired a computer on March 3, 2019, for $2,800. He elects the straight-line method for cost recovery. Andre does not elect immediate expensing under § 179. He does not claim any available additional first-year depreciation. Click here to access the depreciation table to use for this problem. Calculate Andre's cost recovery deduction for the computer for tax years 2019 and 2020. 2019: $ 2020:
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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![Andre acquired a computer on March 3, 2019, for $2,800. He elects the straight-line method for cost recovery. Andre does not
elect immediate expensing under § 179. He does not claim any available additional first-year depreciation.
Click here to access the depreciation table to use for this problem.
Calculate Andre's cost recovery deduction for the computer for tax years 2019 and 2020.
2019: $
2020: $](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F86a10d6c-bde3-4bea-a60f-2e742d10cf1a%2F9cadf741-606c-40d5-8686-1b987c5cde1c%2Fspw4wv9_processed.png&w=3840&q=75)
Transcribed Image Text:Andre acquired a computer on March 3, 2019, for $2,800. He elects the straight-line method for cost recovery. Andre does not
elect immediate expensing under § 179. He does not claim any available additional first-year depreciation.
Click here to access the depreciation table to use for this problem.
Calculate Andre's cost recovery deduction for the computer for tax years 2019 and 2020.
2019: $
2020: $
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