On February 2, 2016, Alexandra purchases a personal computer for her home. The computer cost $2,800. Alexandra

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On February 2, 2016, Alexandra purchases a personal computer for her home. The computer cost $2,800. Alexandra uses the computer 80 percent of the time in her accounting business, and the remaining 20 percent of the time for various personal uses. Calculate Alexandra's maximum depreciation deduction for 2016 for the computer, assuming half-year convention and she does not use bonus depreciation or make the election to expense.
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Income Tax Fundamentals 2017

ISBN: 9781305872738

35th Edition

Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller

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