Multiple Choice
Bonnie purchased a new business asset (five-year property) on March 10,2013,at a cost of $30,000.She also purchased a new business asset (seven-year property) on November 20,2013,at a cost of $13,000.Bonnie did not elect to expense either of the assets under § 179,nor did she elect straightline cost recovery.Bonnie takes additional first-year depreciation.Determine the cost recovery deduction for 2013 for these assets.
A) $5,858
B) $7,464
C) $9,586
D) $19,429
E) None of these
Correct Answer:

Verified
Correct Answer:
Verified
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