1.

. A client placed $3,000,000 of seven-year equipment into service in January 2018. Because taxable income is more than $8,000,000, she would like to maximize this year's depreciation deduction. The largest deduction allowed is

A) $2,800,000.

B) $560,000.

C) $1,360,000.

D) $3,000,000.

2.

Enrico is a self-employed electrician. In April of the current year, Enrico acquired a used van (5-year property) for $15,000. He used the van 75% for business and 25% for personal purposes. Enrico does not apply Sec. 179 or bonus depreciation. The maximum depreciation deduction for the van is

A) $1,200.

B) $2,250.

C) $3,000.

D) $1,920.

3.

In March 2018, Zenia acquired a new automobile for $76,000 and used the automobile 70% for business. In 2019 her business use of the auto was 80%. Zenia's depreciation deduction for 2019 will be

A) $11,200.

B) $17,442.

C) $12,800.

D) $6,168.