During 2021, Anthony (a calendar-year taxpayer) acquired the following business assets: January 15 August 20 September 21 December 20 O half-year convention. O mid-quarter convention. Equipment Equipment Equipment Equipment Anthony does not qualify to use Section 179 and he elects out of the Bonus depreciation for the year. The equipment purchased in December will be subject to the: O mid-month convention. $32,000 $24,000 $28,000 $42,000