Cruz Copy Shop purchases a new copy machine in July 2013 for $30,000.No other depreciable assets are placed in service in 2013.Since Cruz Copy Shop expects to be in a much higher tax bracket in future years,it desires to minimize its current cost recovery amount to the fullest extent possible.What is the amount of Cruz Copy Shop's MACRS straight-line depreciation for 2013?
A)$1,500
B)$2,143
C)$3,000
D)$3,213
E)$4,500

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The Answer of Cruz Copy Shop purchases a new copy machine in July 2013 for $30,000.No other depreciable assets are placed in service in 2013.Since Cruz Copy Shop expects to be in a much higher tax bracket in future years,it desires to minimize its current cost recovery amount to the fullest extent possible.What is the amount of Cruz Copy Shop's MACRS straight-line depreciation for 2013?
A)$1,500
B)$2,143
C)$3,000
D)$3,213
E)$4,500

Cruz Copy Shop Purchases a New Copy Machine in July