Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps

تمرين 6

On May 5, 2005, Jill purchased equipment for $40,000 to be used in her business. She did not elect to expense the equipment under Section 179 or bonus depreciation. On January 1, 2010, she sells the equipment to a scrap metal dealer. What is the cost recovery deduction for 2010? a. $ 892.
B) $ 1,784.
C) $ 3,568.
D) No deduction allowed.