Mike Purchases 5-Year Class Listed Property for $3,000 During the Current

Multiple Choice

Mike purchases 5-year class listed property for $3,000 during the current year. He uses the computer 40% of the time in his consulting business. Mike would like to maximize his cost recovery deduction. What is his allowable cost recovery deduction on the computer?

A) $- 0 -
B) $120
C) $180
D) $300
E) $1,200