Multiple Choice
During 2016,Williams Company purchases and places in service office equipment with a cost of $40,000.The equipment is 7-year MACRS property.What is its 2016 depreciation deduction for purposes of the alternative minimum tax?
A) $2,000
B) $2,857
C) $3,000
D) $4,000
E) $5,714
Correct Answer:
Verified
Correct Answer:
Verified
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