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An asset is placed in service on May 15, 2015 and has a depreciable basis of $40,000. The asset is in the 7-year recovery class.

An asset is placed in service on May 15, 2015 and has a depreciable basis of $40,000. The asset is in the 7-year recovery class. What is the maximum depreciation deduction that may be claimed for 2015, excluding the election to expense and bonus depreciation?

a. $2,572

b. $5,144

c. $5,716

d. $25,000

e. None of the above

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