Roth,LLC purchased only one asset during the current year.Roth placed in service computer equipment (5-year property)on November 1ˢᵗ with a basis of $42,500.Calculate the maximum depreciation expense (ignoring §179 and bonus depreciation).(Use MACRS Table 2 in the text)

Question

Roth,LLC purchased only one asset during the current year.Roth placed in service computer equipment (5-year property)on November 1ˢᵗ with a basis of $42,500.Calculate the maximum depreciation expense (ignoring §179 and bonus depreciation).(Use MACRS Table 2 in the text)

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The Answer of Roth,LLC purchased only one asset during the current year.Roth placed in service computer equipment (5-year property)on November 1ˢᵗ with a basis of $42,500.Calculate the maximum depreciation expense (ignoring §179 and bonus depreciation).(Use MACRS Table 2 in the text)

Roth,LLC Purchased Only One Asset During the Current Year