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Completion Status: 10 20 30 7 B 9 10 11 12 ter of the the remaind Moving to another question will save this response. Question
Completion Status: 10 20 30 7 B 9 10 11 12 ter of the the remaind Moving to another question will save this response. Question 11 Question 11 of 22 5 points Save Answer Marshall LLC placed new equipment (7-year property) in service in April 2021. The original basis was $1,600,000. Marshall LLC uses the half-year convention. Assuming no limitations apply, calculate the maximum total depreciation expense including the $179 expense (but ignoring bonus expensing). Assume Marshall LLC elects to utilize the maximum $179 expense available in 2021. a. $78,595 Ob. $228,640 Oc. $1,128,595 Od. $1,600,000 566 SAPPO Moving to another question will save this response. OCT 10 Question 11 of 22 tv NA O (556 7 9 10 11 12 30 Moving to another question will save this response. Question 12 Question 12 of 22 5 points Save Aniwe A company purchased office furniture in the 2nd quarter of year 1 for $8,000. The next year, it sells all of its office furniture in the 4th quarter of year 2. What is the company's depreciation on the office furniture in year 2 assuming the office furniture has a recovery period of 7 years and the company uses the mid-quarter depreciation convention? a. $535 Ob. $1,250 Oc. $1,643 d. $1,878 Moving to another question will save this response. OCT 10 tv MacBook Air NA Question 12 of 22
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