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A taxpayer places in service the following properties (all purchased used) during 2016: Type of property ate placed in service Cost April 6 Apartment building
A taxpayer places in service the following properties (all purchased used) during 2016: Type of property ate placed in service Cost April 6 Apartment building S275,000 June 5 57,000 Furniture October 2 Machinery 65.000 25,000 Computer December 27 Neither Section 179 expense nor bonus depreciation is taken on any of these properties. The taxpayer uses regular (accelerated) MACRS to depreciate all personal property. Depreciation expense on the apartment building and the computers in 2016 is: O $4,995 and $3,570, respectively. $7,083 and $5,000, respectively. $7,917 and $3,570, respectively. $5,582 and $5,000, respectively. O none of the above
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