Multiple Choice
Suvi, Inc. purchased two assets during the current year (a full 12-month tax year) . Suvi placed in service computer equipment (5-year property) on August 10 with a basis of $20,000 and machinery (7-year property) on November 18 with a basis of $10,000. Calculate the maximum depreciation expense, rounded to a whole number (ignoring §179 and bonus depreciation) :
A) $857
B) $3,357
C) $5,429
D) $6,000
E) None of these
Correct Answer:

Verified
Correct Answer:
Verified
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