Gender Studies homework help
Gender Studies homework help. Need in 10 min…Rustin bought used 7-year class property on May 15, 2010, for $500,000. Rustin elects § 179 and straight-line cost recovery. Rustin’s taxable income would not create a limitation for purposes of the § 179 deduction. If Congress reenacts additional first-year depreciation for 2010, Rustin elects not to take additional first-year depreciation. Determine the write-off Rustin can take in 2010. (Points: 20)Question:Rustin bought used 7-year class property on May 15, 2010, for $500,000. Rustin elects § 179and straight-line cost recovery. Rustins taxable income would not create a limitation for…