6. Alexandra purchased a $37,000 automobile during 2017. The business use was 70 percent. What is the allowable depreciation for the current year (ignore any possible bonus depreciation)?Exhibit 10-8

Recovery Year Year Placed in Service

	2017	2016	2015	2014
1	3,160*	3,160*	3,160*	3,160*
2	5,100	5,100	5,100	5,100
3	3,050	3,050	3,050	3,050
4 and after	1,875	1,875	1,875	1,875

8. Wheeler LLC purchased two assets during the current year (a full 12-month tax year). Wheeler placed in service computer equipment (5-year property) on November 16 with a basis of $27,000 and furniture (7-year property) on April 20 with a basis of $18,200. Calculate the maximum depreciation expense (ignoring 179 and bonus depreciation). (Use MACRS Table 2) (Round final answer to the nearest whole number.)

MULTIPLE CHOICE

a. $3,170

b. $4,599

c. $6,457

d. $7,085

e. none of the choices are correct