During 2018, Duncan purchases and places in service office equipment with a cost of $40,000. The equipment is 7-year MACRS property with an ADS recovery period of 10 years. Duncan desires to avoid the AMT. What is his minimum 2018 depreciation deduction?
A)$2,000
B)$2,857
C)$3,000
D)$4,000
E)$5,714

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The Answer of During 2018, Duncan purchases and places in service office equipment with a cost of $40,000. The equipment is 7-year MACRS property with an ADS recovery period of 10 years. Duncan desires to avoid the AMT. What is his minimum 2018 depreciation deduction?
A)$2,000
B)$2,857
C)$3,000
D)$4,000
E)$5,714

During 2018, Duncan Purchases and Places in Service Office Equipment