Kuo Corporation uses the following assets in its business in 2013:
Assume Kuo Corporation does not utilize Sec 179 expense,has not disposed of any asset since 2001,elects out of bonus depreciation,and has never expensed an asset previously.The equipment was sold on 9-9-13 for $4,000.
What is Kuo's 2013 depreciation expense using MACRS and for ADS?
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