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ABC Corp bought a production machine on January 1,201 for $40,000. The company did not elect Section 179 expensing and elected out of claiming bonus

ABC Corp bought a production machine on January 1,201 for $40,000. The company did not elect Section 179 expensing and elected out of claiming bonus depreciation in 20X1, and is depreciating the machine using the MACRS accelerated depreciation tables for 5-year property. What is the 204 depreciation (Year 4) deduction for the machine? 6,000 (B) 4,608 (C) 0 (D) 7,680

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