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Beth's business purchased only one asset during the current year (a full 12-month tax year). On December 1 Beth placed in service machinery (seven-year

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Beth's business purchased only one asset during the current year (a full 12-month tax year). On December 1 Beth placed in service machinery (seven-year property) with a basis of $73,000. Calculate the maximum depreciation expense (Ignoring $179 and bonus depreciation). (Use MACRS Table 2) (Round final answer to the nearest whole number.) Multiple Choice None of the choices are correct $10,429 $14,600 $2,606 $3,650

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