Multiple Choice
On January 3,2011,John acquired and placed into service business tools costing $10,000.The tools have a 3-year class life.No other assets were purchased during that year.The depreciation in 2014 for those tools is (Sec.179 and bonus depreciation were not applied)
A) $0.
B) $741.
C) $1,920.
D) $3,333.
Correct Answer:
Verified
Correct Answer:
Verified
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