During 2013,Duncan Company purchases and places in service office equipment with a cost of $40,000.The equipment is 7-year MACRS property with an ADS recovery period of 10 years.Duncan desires to avoid the AMT.What is its minimum 2013 depreciation deduction?
A) $ 2,000
B) $ 2,857
C) $ 3,000
D) $ 4,000
E) $ 5,714
Correct Answer:
Verified
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