question archive Song Company, a calendar year taxpayer, purchased a total of $2,674,400 tangible personalty in 2020

Song Company, a calendar year taxpayer, purchased a total of $2,674,400 tangible personalty in 2020

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Song Company, a calendar year taxpayer, purchased a total of $2,674,400 tangible personalty in 2020. How much of this cost can Song elect to expense under Section 179? Multiple Choice 0 $1,040,000 $955,600 0 0 $2,674,400 O

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