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QUESTION
In 2013, Sanford Corporation purchases and places in service $2,050,000 of equipment for its manufacturing business. What portion of the $2,050,000
In 2013, Sanford Corporation purchases and places in service $2,050,000 of equipment for its manufacturing business. What portion of the $2,050,000 may Sanford elect to treat as a Section 179 expense? Why is the answer $100,000?
