On May 26,2012,Jamal Purchased Machinery for $30,000 to Be Used

Multiple Choice

On May 26,2012,Jamal purchased machinery for $30,000 to be used in his business.He did not elect to expense the equipment under §179 or the bonus.On October 10,2016,he sells the machinery to a scrap metal dealer.What is his cost recovery deduction for 2016 rounded to the nearest dollar?

A) $1,340.
B) $2,679.
C) $4,287.
D) $0.