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What is minimum depreciation deduction

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Question - During 2018, Duncan purchases and places in service office equipment with a cost of $40,000. The equipment is 7-year MACRS property with an ADS recovery period of 10 years. Duncan desires to avoid the AMT. What is his minimum 2018 depreciation deduction?

A: $2,000

B: $2,857

C: $3,000

D: $4,000

E: $5,714

Reference no: EM132521709

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