Question: ABC Corp bought a production machine on January 1 , 2 0 2 1 , for $ 3 1 , 2 5 0 . The

ABC Corp bought a production machine on January 1,2021, for $31,250. The company did not elect Section 179 expensing, elected out of claiming bonus depreciation in 2021, and is depreciating the machine using the MACRS accelerated depreciation tables for 5-year property, half-year convention. What is the 2023 depreciation (Year 3) deduction for the machine? a. $10,000 b. $6,000 c. $6,250 d. $12,500

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