Hawthorn Co., a very profitable company, purchased two asset…
Hawthorn Co., a very profitable company, purchased two assets in the current year: a computer (5 year property) and machinery (7 year property). The computer was purchased on January 20 for $15,000, and the machinery was purchased on November 30 for $100,000. Which of the following methods may be available recover the costs of these assets ?
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