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Crouch LLC Placed in Service on May 19, 2016 Machinery

Question 28

Multiple Choice

Crouch LLC placed in service on May 19, 2016 machinery and equipment (7-year property) with a basis of $2,200,000. Assume that Crouch has sufficient income to avoid any limitations. Calculate the maximum depreciation expense including §179 expensing (but ignoring bonus expensing) . (Assume that the 2015 §179 limits are identical to 2016.)


A) $314,380.
B) $440,000.
C) $571,510.
D) $742,930.
E) None of these

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