Question
37. In May 2011, Cassie acquired a used machine for $30,000 to use in her business. The machine is classified as 5 year property. Cassie
37. In May 2011, Cassie acquired a "used" machine for $30,000 to use in her business. The machine is classified as 5 year property. Cassie does not expense the property under Sec. 179. Cassie's depreciation on the machine for this year is?
a. $3,000
b. $6,000
c. $12,000
d. $30,000
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Food And Beverage Cost Control
Authors: Lea R. Dopson, David K. Hayes
5th Edition
0470251395, 978-0470251393
