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.In 2015, Henry purchases $210,000 of equipment with a useful life of 7 years. The taxable income of the business is $100,000. What is Henry's

.In 2015, Henry purchases $210,000 of equipment with a useful life of 7 years. The taxable income of the business is $100,000. What is Henry's maximum depreciation deduction in 2015?

a.

$15,000

b.

$42,865

c.

$27,865

d.

$30,009

e.

$34,212

According to test bank 2016, the answer is (b) $42,865. Please explain how to calculate it. Also, is it still the same answer for 2019? I would like to know up-dated answer. Thank you!

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