Question
During 2022, Mint, Inc. placed the Assets below into service. Asset Cost Placed in Service Date Computer 10,000 3/15/2022 Office Furniture 20,000 11/15/2022 Mint, Inc.
During 2022, Mint, Inc. placed the Assets below into service.
| Asset | Cost | Placed in Service Date |
| Computer | 10,000 | 3/15/2022 |
| Office Furniture | 20,000 | 11/15/2022 |
Mint, Inc. has elected out of bonus depreciation and did not claim Section 179 depreciation. Mint used the default depreciation method.
What is the depreciation deduction in 2022? (Use MACRS table & rate)
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Internal Audit Of Treasury And Cash Management
Authors: Badr Bentalha
1st Edition
B0BM3R6WG7, 979-8363213779
