A business chair at computer table is depreciated over which time period? a. 3 years b. 5 years c. 7 years d. 27.5 years e. 39 years f. straight-line g. double-declining h. all of the choices are appropriate You buy a new desk on April 1, 2020 to use in your newly formed business. This represents your only purchase of equipment this year. What convention must you use? a. mid-month convention b. republication national convention c. half-year convention d. democratic national convention e. mid-quarter convention f. full-year convention You donate a small parcel of land you were holding personally to your church for your pledge. What type of category does this fit in? a. 12311245 property b. none of the answers are correct c. ordinary property d. $12311250 property e. $1221 property f. $1231 - ordinary property