Multiple Choice
Heather purchased furniture and fixtures (7-year property) for her retail shop for $50,000. What is the AMT depreciation adjustment required in 2015 if the property was purchased in May 2015, assuming no bonus depreciation was taken?
A) $0.
B) $1,790.
C) $5,355.
D) $7,145.
Correct Answer:
Verified
Correct Answer:
Verified
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