Mountain View Development Co. purchases a new high volume paper shredder for use in their document management department for $20,000 on November 7 of 2014. It was the only piece of depreciable property placed in service during 2014. The paper shredder is 7-year MACRS property, the Section 179 election to expense was not exercised. What is Mountain View's 2014 depreciation deduction on the paper shredder?

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The Answer of Mountain View Development Co. purchases a new high volume paper shredder for use in their document management department for $20,000 on November 7 of 2014. It was the only piece of depreciable property placed in service during 2014. The paper shredder is 7-year MACRS property, the Section 179 election to expense was not exercised. What is Mountain View's 2014 depreciation deduction on the paper shredder?