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 $22,500 and on April 20 placed in service furniture (seven-year property) with a basis of $15,500. Calculate the maximum depreciation expense (ignoring §179 and bonus depreciation) . (Use MACRS Table 2.) (Round final answer to the nearest whole number.)

A) $2,463
B) $3,892
C) $5,750
D) $6,378
E) None of the choices are correct.