Multiple Choice
In May 2018, Cassie acquired a machine for $30,000 to use in her business. The machine is classified as 5- year property. Cassie does not expense the property under Sec. 179 or bonus depreciation. Cassie's depreciation on the machine for 2018 is
A) $3,000.
B) $15,000.
C) $12,000.
D) $6,000.
Correct Answer:
Verified
Correct Answer:
Verified
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