Answer:
2019 $28,580
2020 $48,980
Explanation:
Calculation to determine Euclid’s cost recovery deduction for 2019 and 2020.
2019 Cost recovery deduction=$200,000x.1429
2019 Cost recovery deduction= $28,580
2020 Cost recovery deduction= $200,000x.2449
Cost recovery deduction= $48,980
Therefore Euclid’s cost recovery deduction for 2019 and 2020 will be :
2019 $28,580
2020 $48,980