What is the macrs depreciation for the computer

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Problem - Data, Inc., purchased and placed in service a $5,000 computer on August 24, year 3. This is the only asset purchase during the year. Section 179 expensing and bonus depreciation were not elected. The computer was sold during year 5. Using the excerpt of the MACRS half-year convention table below, what is the MACRS depreciation in year 5 for the computer?

Recovery Period

5-Year

7-Year

10-Year

1

20%

14.29%

10%

2

32%

24.49%

18%

3

19.2%

17.49%

14.4%

a. $360

b. $437

c. $480

d. $960

Reference no: EM132657336

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