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Determine the Depreciation and fill out form 4562 First Fiddle purchased and placed in service the following fixed assets during the year: Item Date Purchased

Determine the Depreciation and fill out form 4562

First Fiddle purchased and placed in service the following fixed assets during the year: Item Date Purchased Amount Computers November 1 $4,800 Printers June 1 $3,375 Fiddles March 18 $37,000 First Fiddle does not elect out of bonus depreciation and wants to take Section 179 expensing in a way that maximizes the current year depreciation (including 179 expense). First Fiddle does not have an audited financial statement.

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