Question
An asset is placed in service on May 15, 2015 and has a depreciable basis of $40,000. The asset is in the 7-year recovery class.
An asset is placed in service on May 15, 2015 and has a depreciable basis of $40,000. The asset is in the 7-year recovery class. What is the maximum depreciation deduction that may be claimed for 2015, excluding the election to expense and bonus depreciation?
$5,716
$2,572
$5,144
$25,000
None of these choices are correct.
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Guide To The Implementation And Auditing Of ISMS Controls Based On ISO/IEC 27001
Authors: Edward Humphreys
1st Edition
0580829103, 978-0580829109
