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ABC Corp bought a production machine on January 1, 2012 for $31,250. The company elected out of Section 179 expensing & elected out of claiming
ABC Corp bought a production machine on January 1, 2012 for $31,250. The company elected out of Section 179 expensing & elected out of claiming bonus depreciation in 2012 & is depreciating the machine using the MACRS accelerated depreciation tables for 5-year property. What is the 2014 depreciation year 3 deduction for the machine?
A.$6,000
B.$6,250
C.$10,000
D.$12,500
E.None of the other choices are correct
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