Question
ABC Corp bought a production machine on January 1, 2018 for $31,250. The company did not elect Section 179 expensing and elected out of claiming
ABC Corp bought a production machine on January 1, 2018 for $31,250. The company did not elect Section 179 expensing and elected out of claiming bonus depreciation in 2018, and is depreciating the machine using the MACRS accelerated depreciation tables for 5-year property. What is the 2020 depreciation (Year 3) deduction for the machine?
A $6,000
B $6,250
C $10,000
D $12,500
E None of the above is correct
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Cornerstones of Cost Management
Authors: Don R. Hansen, Maryanne M. Mowen
2nd edition
1111824401, 978-1111824402
