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Depreciation Question 29 of 75. Which of the following is NOT a recovery period under Modifed Accekerated Cost Recovery System (MACRS)? 7 years. 10 vears

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Depreciation Question 29 of 75. Which of the following is NOT a recovery period under Modifed Accekerated Cost Recovery System (MACRS)? 7 years. 10 vears 12 yearse 15 years Mark for folkow up Question 30 of 75. Which of the following assets is depreciable property eligble for the 5179 expense deduction? Used office furmiture if it is new to the taxpayer and used in their business e An apartment building leased to tenants. Qualifying exterior improvements to an existing office building A computer that was given to the taxpayer as a gift but used 100% for business. Mark for follow up Question 31 of 75. Calvin purchased a new office desk on July 23, 2018, at a cost of $2,373. He did not claim the bonus depreciation deduction. Using the half-year convention, Calvin may claim 2018 depreciation in the amount of $237 $339 $475 $791 Mark for follow up

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