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An office furniture costing $110,000 has a useful life of 10 years. Fedex took $1200 to deliver and install the furniture. The salvage value of

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An office furniture costing $110,000 has a useful life of 10 years. Fedex took $1200 to deliver and install the furniture. The salvage value of the furniture at the end of its useful life of 10 years is $2500. The company places the furniture in service during the last quarter. What will be the allowed depreciation amount for year 4 to find taxable income? 00 O $8495.68 $2500 $15,634.72

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