Alice purchased office furniture on September 20, 2013, for $100,000. On October 10, 2013, she purchased business computers for $80,000. Alice placed all of the assets in service on January 15, 2014. Alice did not elect to expense any of the assets under § 179, did not elect straightline cost recovery, and did not take additional firstyear depreciation (if available). Determine the cost recovery deduction for the business assets for 2014.

Question

Alice purchased office furniture on September 20, 2013, for $100,000. On October 10, 2013, she purchased business computers for $80,000. Alice placed all of the assets in service on January 15, 2014. Alice did not elect to expense any of the assets under § 179, did not elect straight­line cost recovery, and did not take additional first­year depreciation (if available). Determine the cost recovery deduction for the business assets for 2014.

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The Answer of Alice purchased office furniture on September 20, 2013, for $100,000. On October 10, 2013, she purchased business computers for $80,000. Alice placed all of the assets in service on January 15, 2014. Alice did not elect to expense any of the assets under § 179, did not elect straight­line cost recovery, and did not take additional first­year depreciation (if available). Determine the cost recovery deduction for the business assets for 2014.

Alice Purchased Office Furniture on September 20, 2013, for $100,000