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16. On July 15, 2023 Macgyver purchased office furniture to be used in his business for $50,000. In addition, on October 15, 2023 Macgyver purchased

16. On July 15, 2023 Macgyver purchased office furniture to be used in his business for $50,000. In addition, on October 15, 2023 Macgyver purchased computers to be used in his business for $40,000. Macgyver did not elect to expense any of the assets using 179, nor did he elect to take bonus depreciation or use straight-line depreciation. Determine Macgyver's total depreciation expense deduction for these business assets for 2023. a) $11,573 Ob) $18,000 c) $9,500 d) $7,355 e) $3,785

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