Solved

In the Current Year George, a College Photography Professor, Acquired

Question 2100

Multiple Choice

In the current year George, a college photography professor, acquired camera equipment (5- year property) for $1,000 and used the camera equipment 80% for teaching and creative work- related activities and the remaining 20% for personal use. The university provides camera equipment for faculty use, but George prefers his own equipment. Assuming Sec. 179 and bonus depreciation is not applied, the maximum depreciation deduction is


A) $200.
B) $800.
C) $160.
D) $0.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents