Multiple Choice
Shannon purchases equipment classified as 3-year property on December 19,2016,at a cost of $100,000.Section 179 is not elected and Shannon does not use the straight-line method.Shannon purchased no other depreciable property in 2016.What is the amount of the MACRS depreciation deduction for 2016?
A) $5,000
B) $8,330
C) $20,000
D) $33,333
Correct Answer:
Verified
Correct Answer:
Verified
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