11

last option is non of them

Sax LLC purchased one asset during the current year (a full 12-month tax year). On August 24 Sax placed in service computer equipment (five-year property) with a basis of $40,000. Calculate Sax's maximum depreciation expense for the current year (ignoring $179 and bonus depreciation). Multiple Choice 56,000 $6,858 $7,000 $8,000