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ABC LLC placed the following assets into service during the taxable year. Determine the total MACRS depreciation deduction to which ABC is entitled for the
ABC LLC placed the following assets into service during the taxable year. Determine the total MACRS depreciation deduction to which ABC is entitled for the year assuming ABC did not elect 179 expensing and elected out of bonus deprecation (meaning no 179 or bonus).
ASSET INSERVICE LIFE COST
Machnery 03/01/2019 7 1,500
Computer 10/31/2019 5 4,000
Furniture 08/29/2019 7 3,300
A. 372
B. 928
C. 886
D. 1486
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