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Suvi, IncPurchased Two Assets During the Current Year (A Full 12-Month

Question 101

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Suvi, Inc.purchased two assets during the current year (a full 12-month tax year) .On August 10 Suvi placed in service computer equipment (five-year property) with a basis of $20,000 and on November 18 placed in service machinery (seven-year property) with a basis of $10,000.Calculate the maximum depreciation expense (ignoring §179 and bonus depreciation) .(Use MACRS Table 1.) (Round final answer to the nearest whole number.)


A) $857.
B) $3,357.
C) $5,429.
D) $6,000.
E) None of the choices are correct.

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