Wheeler LLC Purchased Two Assets During the Current Year (A

Multiple Choice

Wheeler LLC purchased two assets during the current year (a full 12-month tax year) .On November 16 Wheeler placed in service computer equipment (five-year property) with a basis of $15,000 and on April 20 placed in service furniture (seven-year property) with a basis of $11,000. Calculate the maximum depreciation expense (ignoring §179 and bonus depreciation) . (Use MACRS Table 2.) (Round final answer to the nearest whole number.)

A) $1,285
B) $2,714
C) $4,572
D) $5,200
E) None of the choices are correct.