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2. On January 3, 2012, John acquired and placed into service business tools costing $10,000. The tools have a 3-year class life. No other assets

2. On January 3, 2012, John acquired and placed into service business tools costing $10,000. The tools have a 3-year class life. No other assets were purchased during that year. The depreciation in 2015 for those tools is (Sec. 179 and bonus depreciation were not applied) a. $0 b. $741 c. $1,920 d. $3,333

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