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3) Roth LLC purchased only one asset during the current year. On August 1 Roth placed in service office equipment (seven-year property) with a basis
3) Roth LLC purchased only one asset during the current year. On August 1" Roth placed in service office equipment (seven-year property) with a basis of $42,500. Calculate the maximum depreciation expense (ignoring $179 and bonus depreciation). (Round final answer to the nearest whole number, 3 Points)
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