The First and Last Years of MACRS Depreciation Deductions for a 7-Year

Multiple Choice

The first and last years of MACRS depreciation deductions for a 7-year asset costing $20,000 using the half-year convention are:

A) $4,000 and $1,152
B) $2,858 and $892
C) $2,000 and $576
D) $1,428 and $1,428