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Deirdre's Business Purchased Two Assets During the Current Year (A

Question 51

Multiple Choice

Deirdre's business purchased two assets during the current year (a full 12-month tax year) .On January 20 Deirdre placed in service computer equipment (five-year property) with a basis of $15,000 andon September 1 placed in service machinery (seven-year property) with a basis of $15,000. Calculate the maximum depreciation expense (ignoring §179 and bonus depreciation) . (Use MACRS Half-Year ConventionTable.) (Round final answer to the nearest whole number.)


A) $1,286
B) $5,144
C) $5,786
D) $6,000
E) None of the choices are correct.

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