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 $70,000. Calculate the maximum depreciation expense (ignoring $179 and bonus depreciation). (Use MACRS Table 2) (Round final answer to the nearest whole number) Multiple Choice O O None of the choices are correct. $10.001 $2,499 $14,000 $3.500