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9. Harrison acquires $65,000 of 5-year property in June 2017 that is required to be depreciated using the mid-quarter convention (because of other purchases
9. Harrison acquires $65,000 of 5-year property in June 2017 that is required to be depreciated using the mid-quarter convention (because of other purchases that year). He did not elect Sec. 179 immediate expensing. Bonus depreciation was not available. If Harrison sells the property on August 23, 2019, what is the amount of depreciation claimed in 2019? A) $6,500.00 B) $7,312.50 C) $11,700.00 D) $9,289.00
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