Momee Corporation,a calendar-year corporation,bought only one asset in 2010,a crane it purchased for $700,000 on November 24.It disposed of the asset in April,2015.What is its depreciation deduction for this asset in 2015 if cost recovery was determined using only regular MACRS?
A)$62,510
B)$61,110
C)$31,255
D)$22,916

Question

Quizplus · Accepted Answer

($700,000 x .0873 x 4.5/12)

Momee Corporation,a Calendar-Year Corporation,bought Only One Asset in 2010,a Crane