Delta Freight Company purchases 10 delivery vans on April 4, 2018, at a total cost of $366,000. In prior years, Delta used the regular MACRS system on all of its delivery vans (the delivery vans are 5-year MACRS property and are not limited by listed property rules) . Delta's annual income is $15,000 before the depreciation deduction. What is Delta's maximum cost recovery deduction on the vans in 2018?
A) $15,000
B) $73,200
C) $85,200
D) $91,200
E) $366,000
Correct Answer:
Verified
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