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Biotech / Medical : PLSIA (Premier Laser Systems)

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To: Louis Riley who wrote (816)6/23/1997 12:44:00 PM
From: Louis Riley   of 1773
 
A lot of hay has been made about dentists' reluctance to adopt the Centauri laser because of its high cost.

My CPA notes that Section 179 depreciation allows a dentist to write off $17,500 of the cost in the first year of acquisition. The dentist can also write off the first of seven years of depreciation in the first year.

Thus, a little over half of the cost of the laser is written off in the first year.

FWIW.

Louis
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