Multiple Choice
ABC Corp bought a production machine on January 1, 2017 for $31,250. The company did not elect Section 179 expensing and elected out of claiming bonus depreciation in 2017, and is depreciating the machine using the MACRS accelerated depreciation tables for 5-year property. What is the 2019 depreciation (Year 3) deduction for the machine?
A) $6,000
B) $6,250
C) $10,000
D) $12,500
E) None of the above is correct
Correct Answer:
Verified
Correct Answer:
Verified
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