Multiple Choice
On April 12,2018,Suzanne bought a computer for $20,000 for business use.This was the only purchase for that year.Suzanne used the most accelerated depreciation method available but did not apply Sec.179 or bonus depreciation.Suzanne sells the machine in 2019.The depreciation on the computer for 2019 is
A) $2,000.
B) $3,200.
C) $4,000.
D) $6,400.
Correct Answer:

Verified
Correct Answer:
Verified
Q31: The mid-quarter convention applies to personal and
Q32: Residential rental property is defined as property
Q33: Terra Corporation,a calendar-year taxpayer,purchases and places into
Q34: Sec.179 tax benefits are recaptured if at
Q35: Capital improvements to real property must be
Q37: In computing MACRS depreciation in the year
Q38: Land,buildings,equipment,and common stock are examples of tangible
Q39: In accounting for research and experimental expenditures
Q40: Under the MACRS rules,salvage value is not
Q41: Costs that qualify as research and experimental