On June 1, 2014, AZ Construction Corporation places a $25,000 crane 7 year life) in service. It placed no other assets in service during the year. What is the amount of AZ Construction's maximum depreciation deduction for the crane for 2014?
A) $ 3,573
B) $ 5,000
C) $ 7,555
D) $10,500
E) $25,000
Correct Answer:
Verified
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A)Depreciation
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