How is the MACRS deduction calculated in the year of disposition for an asset that has been depreciated using the half- year convention? The total depreciation allowed for the year is: O Multiplied by 1/2 O Divided by 1/2 O Multiplied by 1/4. O Divided by 1/4 Which of the following is an example of an unrelated business activity for an exempt organization? All are qualified as tax-exempt organizations under IRC 501(c)(3). Let's Read Together, Inc, a literacy program run by volunteers, conducts a bake sale every month. O Charity Local Clinic, Inc, a small medical facility located in a rural area, has a small cafeteria for the benefit of the medical personel and patients. Leashes and Litter Pans, Inc., a dog and cat rescue organization, operates a food truck in the industrial district on weekdays throughout the year. O Homeless Gone Now, Inc, an organization to provide shelter for homeless individuals, operates a thrift store that sells donated goods