Wheeler LLC purchased two assets during the current year (a full 12-month tax year). On November 16 Wheeler placed in service computer equipment (five-year property)with a basis of $24,500 and on April 20 placed in service furniture (seven-year property)with a basis of $16,700. Calculate the maximum depreciation expense (ignoring §179 and bonus depreciation). (Use MACRS Table 2.)(Round final answer to the nearest whole number.)
A)$2,777
B)$4,206
C)$6,064
D)$6,692
E)None of the choices are correct.

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The Answer of Wheeler LLC purchased two assets during the current year (a full 12-month tax year). On November 16 Wheeler placed in service computer equipment (five-year property)with a basis of $24,500 and on April 20 placed in service furniture (seven-year property)with a basis of $16,700. Calculate the maximum depreciation expense (ignoring §179 and bonus depreciation). (Use MACRS Table 2.)(Round final answer to the nearest whole number.)
A)$2,777
B)$4,206
C)$6,064
D)$6,692
E)None of the choices are correct.

Wheeler LLC Purchased Two Assets During the Current Year (A