Mountain View Development Co

Multiple Choice

Mountain View Development Co.purchases a new high volume paper shredder for use in their document management department for $20,000 on November 7 of 2017.It was the only piece of depreciable property placed in service during 2017.The paper shredder is 7-year MACRS property,the Section 179 election to expense was not exercised.What is Mountain View's 2017 depreciation deduction on the paper shredder?

A) $714
B) $2,498
C) $2,812
D) $2,980