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Calculate the maximum depreciation expense

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Reference no: EM132042519

Question - Deirde's business purchased two assets during the current year. Deirdre placed in service computer equipment (5-year property) on January 20 with a basis of $15,000 and machinery (7-year property) on October 1 with a basis of $15,000. Calculate the maximum depreciation expense, rounded to a whole number (ignoring 179 and bonus depreciation)

A. 1,286

B. 5,144

C. 5,786

D. 6,000

E. None of these

Reference no: EM132042519

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