Blanco Corporation (a calendar-year taxpayer) purchased $10,000,000 of new equipment in July 2013. Compute Blanco's depreciation deduction

Question:

Blanco (a calendar-year taxpayer) purchased $10,000,000 of new equipment in July 2013. Compute Blanco's depreciation deduction for 2013.
Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...