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Daniel Purchases 5-Year Class Listed Property on March 2, 2018

Question 87

Multiple Choice

Daniel purchases 5-year class listed property on March 2, 2018, for $30,000. It is used 75% for business, and the remainder for personal use. Daniel wishes to maximize his 2018 depreciation deduction. What is Daniel 's 2018 depreciation deduction?


A) $2,250
B) $2,700
C) $3,375
D) $4,500
E) $6,000

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