Multiple Choice
On November 7, 2018, Wilson Corporation acquires 7-year property for $25,000. This is the only property acquired this year and neither Section 179 expensing nor bonus depreciation were claimed. What is Wilson's total depreciation deduction for 2018?
A) $893
B) $1,785
C) $2,678
D) $3,573
Correct Answer:
Verified
Correct Answer:
Verified
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