During the year, Far-Out Furniture, a manufacturer of dormitory furniture, purchased the following assets:

2/15/20X0 Machine $40,000

10/31/20X0 Equipment $50,000

12/9/20X0 Warehouse $110,000

In computing depreciation of these assets, which of the following conventions will be used by this calendar-year taxpayer?

		Half-year, mid-month
		Half-year, mid-quarter, mid-month
		Mid-quarter, mid-month
		Mid-quarter only