Multiple Choice
Momee Corporation, a calendar-year corporation, bought only one asset in 2013, a crane it purchased for $700,000 on November 24. It disposed of the asset in April, 2018. What is its depreciation deduction for this asset in 2018 if cost recovery was determined using only regular MACRS?
A) $62,510
B) $61,110
C) $31,255
D) $22,916
Correct Answer:
Verified
Correct Answer:
Verified
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