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What is Mountain View depreciation deduction

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Reference no: EM133087286

Question - Mountain View Development Co. purchases a new high-volume paper shredder for use in its document management department for $20,000 on November 7 of 2020. It is the only piece of depreciable property placed in service during 2020. The paper shredder is 7-year MACRS property, the Section 179 election to expense is not exercised, and bonus depreciation is not elected. What is Mountain View's 2020 depreciation deduction on the paper shredder?

a. $714

b. $2,812

c. $2,980

d. $2,498

Reference no: EM133087286

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