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ABC Business purchased a computer in 2020 which had an initial basis of 1,000 and a recovery period of 5 years. ABC Business used the

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ABC Business purchased a computer in 2020 which had an initial basis of 1,000 and a recovery period of 5 years. ABC Business used the hairyour convention in 2020. ABC Business dedded to sell the computer in March 2021. Assuming that ABC Business did not elect to use bonus depreciation or immediate expensing under Section 179, calculate the amount of depreciation expense for 2021.the years MACRS Chart - 5 Year Asset Year 1 204 Year 2 32 Year 19.2 Year 4 11.52 Year 11.524 Year 6 5.70 1400 54.800

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