Multiple Choice
On March 23,2016,Saturn Investments Corporation purchases a $5,000 computer (5-year property) for business-use.On November 27,2016,it pays $4,000 for new office furniture (7-year property) .It does not wish to use the Section 179 election to expense.How much depreciation may Saturn deduct on the computer for 2016?
A) $1,000
B) $1,750
C) $2,625
D) $3,325
E) $3,500
Correct Answer:
Verified
Correct Answer:
Verified
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