-A client placed three new business assets into service in 2018. The client has high taxable income and would like to maximize the deduction by using bonus depreciation. All of the following assets will qualify for bonus depreciation except

A) a garage for the service vans.

B) manufacturing equipment.

C) computer software.

D) All of the assets qualify for bonus depreciation.

-A client placed $3,000,000 of seven-year equipment into service in January 2018. Because taxable income is more than $8,000,000, she would like to maximize this year's depreciation deduction. The largest deduction allowed is

A) $2,800,000.

B) $560,000.

C) $1,360,000.

D) $3,000,000.

-On October 2, 2018, Valentina acquired and placed into service 5-year business equipment costing $100,000. No other acquisitions were made during the year. Valentina does not apply Sec. 179 expensing or bonus depreciation. The depreciation for this year is

A) $0.

B) $3,500.

C) $5,000.

D) $14,000.