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3.4 pts Chet Corporation purchased 5-year property on 2/5/18 for $200,000. Chet used the mid-quarter convention for all assets purchased and placed in service in

image text in transcribed 3.4 pts Chet Corporation purchased 5-year property on 2/5/18 for $200,000. Chet used the mid-quarter convention for all assets purchased and placed in service in 2018. Chet did not claim any sec 179 expense or bonus depreciation in 2018 and used MACRS 200% accelerated depreciation on this asset If Chet Corporation sells this asset on 2/28/20, how much depreciation will it deduct in 2020? 053,900 $5.700 $15.000 $22.800 $9.00image text in transcribed

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